Unit 2: Demand, Supply, and Consumer Choice 1. DEMAND DEFINED What is Demand? Demand is the different quantities of goods that consumers are willing and.
Chapter Ten Principles of Economics 1. Key Terms Common understanding of key terms – Use them as shorthand for the concept; but have a precise/exact meaning.
Chapter 4.1: Demand Copyright © Pearson Education, Inc.Slide 2 Chapter 4, Section 1 Bell ringer – Law of Demand Is your max above? Cold 12 oz. can of.
Unit 2: Supply, Demand, and Consumer Choice
