Demand curve & price changes

In a demand schedule which variable is written left hand column?

• Price $

• Quantity demanded

Which variable goes on the horizontal axis?

• Price $

• Quantity demanded

Which variable goes on the vertical axis?

• Price $

• Quantity demanded

What are the requirements of a demand curve title?

• Who, what, when

• Who, what, time frame

• What, how, why

When the price is $20 how many Zumba lessons would Rina demand per month?

• 1

• 2

• 3

• 4

What would the price need to be for Rina's Quantity demanded of Zumba lessons to be 8 per month?

• $5

• $6

• $6.50

• $7

What has happened to the price of Zumba lessons?

• Increased

• Decreased

• It has not changed

• You cannot tell from the graph

What has happened to the quantity demanded of Zumba lessons?

• Increased

• Decreased

• It has not changed

• You cannot tell from the graph

The graph shows Rina's demand for Zumba lessons per ......

• Week

• Month

• Year

• Day