ECON-1000 chapter 2 The Law of Demand:

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4 Terms

1

Demand Curve

Shows the relationship between price and quantity demanded

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2

Market Demand

The sum of the demands of all inividual’s willing and able to pay a particular product or service.

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3

How can u read a Demand curve ?

over and down.

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4

How can u read a marginal benifit curve?

up and over

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