Eco/365 week 1 supply and demand curve worksheet
University of Phoenix Material
Supply and Demand Curves
Answer the following questions
Write the definition for each of the following:
- Law of Demand
- Law of Supply
Which of the following graphs best demonstrates the law of demand?
a) I
b) II
c) III
d) IV
Which of the following graphs best demonstrates the law of supply?
a) I
b) II
c) III
d) IV
