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Complete the following table by selecting the term that matches each definition. Quantity Demand Demand Law of Definition Demanded Curve Schedule Demand A graphical representation

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Complete the following table by selecting the term that matches each definition. Quantity Demand Demand Law of Definition Demanded Curve Schedule Demand 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 various prices The claim that, other things being equal, the quantity demanded of a good O O O O falls when the price of that good rises The amount of a good that buyers are willing and able to purchase at a given O O O O price A table showing the relationship between the price of a good and the amount O O O O that buyers are willing and able to purchase at various prices Apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology. Your friend Rosa really struggles with understanding graphs. She shows you the following illustration and asks for your help interpreting it: ? 10 Demand PRICE (Dollars per toothbrush) w N 10 20 30 40 50 6 70 80 90 100 QUANTITY (Toothbrushes) Fortunately, you recognize that the line on this graph is . When your friend asks you what is the quantity of toothbrushes demanded at a price of $4 per toothbrush, you answer toothbrushes

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