DEMAND WORKSHEET 1. The law of demand states- when the price increases, the quantity demanded will decreases When the price decreases, the quantity demanded will increase 2. If the federal government says that fish is healthy for you, the demand for fish will (increase / decrease) 3. Economists announce that the unemployment rate will increase over the next six months. The demand for new homes will (increase / decrease). 4. The price of syrup increases, the demand for pancakes will (increase / decrease). 5. The price of airline tickets goes up, the demand for train tickets will increase / decrease). 6. Provide at least two reasons why price and demand move in opposite directions