1. Demand terminology

Complete the following table by selecting the term that matches each definition.

Quantity Demand Definition Demand Law of Demanded Curve Schedule Demand The claim that, other things being equal, the quantity demanded of a good falls when the price of that good rises O O O O A graphical representation of the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at O O O O various prices A table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices O O O O The amount of a good that buyers are willing and able to purchase at a given price O O O O? 10 Demand 9 7 5 PRICE (Dollars per notebook) D 4 3 2 2 3 4 5 8 9 QUANTITY (Notebooks)