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2. Demand terminology Complete the following table by selecting the term that matches each definition. Quantity Demand Demand Definition Demanded Curve Schedule D The claim

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2. Demand terminology Complete the following table by selecting the term that matches each definition. Quantity Demand Demand Definition Demanded Curve Schedule D The claim that, with other things being equal, the quantity demanded of a good falls when the price of that good rises O O O A graphical object showing the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices O O O The amount of a good that buyers are willing and able to purchase at a given price O O O 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 Apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology. Your friend Amy struggles with understanding graphs

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