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DEMAND SUPPLYANDDEMANDWORKSHEET PartI: Usethespacebelowtotakenotesonthebasicprinciplesofdemand.Demand: LawofDemand: DemandSchedule: DemandCurve: PartII: Usethechartbelowtoreplicatethedemandschedulewecreateinclass. DemandScheduleforProduct: PricePer Item QuantityDemanded $10 25 $8 15 $6 10 $4 15 $2 25 Createademand curvefor

DEMAND

SUPPLYANDDEMANDWORKSHEET

PartI:Usethespacebelowtotakenotesonthebasicprinciplesofdemand.Demand:

LawofDemand:

DemandSchedule:

DemandCurve:

PartII:

Usethechartbelowtoreplicatethedemandschedulewecreateinclass.

DemandScheduleforProduct:

PricePer Item

QuantityDemanded

$10

25

$8

15

$6

10

$4

15

$2

25

Createademand curvefor theproductbasedonthedemandschedule:PutpriceontheYaxisandquantity onthe X axis. Labelboth.Labelthedemand curve.

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