Supply and Demand Vocabulary

chart showing quantity demanded at different prices

amount of a product offered for sale at different prices

when quantity supplied is greater than quantity demanded

product used in place of another product

two goods that are normally purchased together

Which graph show an increase in supply?

which of the following best replaces the question mark?

Which of the following is the best title for this list?

table showing amounts for sale at the different price points

when quantity demanded and quantity supplied are equal

desire, ability, and willingness to buy

What might result due to the newspaper article?

demand for different amounts at all price levels

the point in which quantity supplied and quantity demanded are at the same price point

when prices are higher there will be a larger amount available for sale

Where is equilibrium?

graph showing quantity demanded

Mrs. Vaughan's favorite soda?

the higher the price the lower the quantity demanded

different amounts made available at all price points

Which graph show an increase in DEMAND?

Which graph show an decrease in DEMAND?

Which graph show an decrease in supply?

when quantity demanded is greater than quantity suppplied

different amounts offered at the different price points