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Complete the following table by selecting the term that matches each denition. falls when the price of that good rises Quantity Demand Demand LainI oi

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Complete the following table by selecting the term that matches each denition. falls when the price of that good rises Quantity Demand Demand LainI oi Denition Demanded Curve Schedule Demand A table showing the relationship between the price ofa good and the amount . . . . O O O O that buyers are willing and able to purchase at iranous prices The amount ofa good that buyers are willing and able to purchase at a given . O O O 0 once 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 0 various prices The claim that, other things being equal, the quantity demanded of a good 0 O O O Apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology

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