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

DEMAND

SUPPLYANDDEMANDWORKSHEET

PartI:Usethespacebelowtotakenotesonthebasicprinciplesofdemand.Demand:

LawofDemand:

DemandSchedule:

DemandCurve:

PartII:

Usethechartbelowtoreplicatethedemandschedulewecreateinclass.

DemandScheduleforProduct:

PricePer Item

QuantityDemanded

$10

2

$8

4

$6

6

$4

8

$2

10

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

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