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Social Studies, 20.09.2021 04:00 deeknuk
Match each term in Column A with its definition in Column B.
Column A
1. demand
2. Law of Demand
3. supply
4. Law of Supply
5. market price
6. wage
Column B
a. the quantity of a good or service that is offered for
sale
b. states that the quantity of supply increases as
prices increase, and decreases as prices decrease
c. the amount of an item that buyers are willing and
able to purchase at any price
d. states that the quantity of items demanded increases
and decreases in the opposite direction from changes
in price
e. the hourly price a worker receives for doing a job
f. the price at which quantity of supply and quantity
of demand are equal
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Answers: 2
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Match each term in Column A with its definition in Column B.
Column A
1. demand
2. Law...
1. demand
2. Law...
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