Question

Complete the following table by selecting the term that matches each definition 

 Definition

 A graphical object showing the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices

 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 claim that, with other things being equal, the quantity demanded of a good falls when the price of that good rises

 The amount of a good that buyers are willing and able to purchase at a given price

Conplete the following table by curve for hot dogs, holding all else constant indlicating whether an event will cause a movement along the demand curve for hot dogs or a shift of the demand curve for hot dogs, holding all else constant.

Event 

A decrease in the price of hot dogs 

A change in the expectations of consumers about their future income 

An increase in the price of soda (a complement for hot dogs) 

Answer 1