CALIFORNIA STATE UNIVERSITY ECON 304 (ECON304)

CALIFORNIA STATE UNIVERSITY ECON 304 QUIZ 1-13 1. Demand terminology Complete the following table by selecting the term that matches each definition. Definition Quantity Demanded Demand Curve Demand Schedule Law of Demand The claim that, other things being equal, the quantity demanded of a good falls when the price of that good rises 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 The...