Ask Question
16 August, 09:19

Match the following definitons with appropriate options given in below:

Definitions:

1. 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 various prices.

2. The amount of a good that buyers are willing and able to purchase at a given price.

3. The claim that, other things being equal, the quantity demanded of a good falls when the price of that good rises.

4. A table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices.

Options:

O Quantity Demanded

O Demand Curve

O Demand ScheduleO Law of Demand

+2
Answers (1)
  1. 16 August, 13:13
    0
    1. 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 various prices.

    -Demand Curve

    2. The amount of a good that buyers are willing and able to purchase at a given price.

    -Quantity Demanded

    3. The claim that, other things being equal, the quantity demanded of a good falls when the price of that good rises.

    -Law of Demand

    4. A table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices.

    -Demand Schedule
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Match the following definitons with appropriate options given in below: Definitions: 1. A graphical representation of the relationship ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers