Demand Chapter 4. Demand Demand – the desire to have a good or service and the ability to pay for it Law of demand – states that when the price of a good.
Demand Chapter 4 Section 1. Key Terms demand: the desire to own something and the ability to pay for it law of demand: consumers will buy more of a good.
Demand Chapter 4.1. The law of demand This states that if the price is lower of a certain thing consumer will buy more of it. This goes as the opposite.
Demand Chapter 4 Section 3. Key Terms elasticity of demand: a measure of how consumers respond to price changes inelastic: describes demand that is not.
Demand
Demand CHAPTER 4. What is demand? SECTION 1 Did You Know? In the summer 1999, the American Automobile Association announced that gasoline prices in Illinois.
