Demand by Ja'Dore Nichols https://padlet.com/JaDore/qnz4jqj1dh90 Warm Up Law of Demand Video & Questions 11/3/15 en-us 2015-11-03 15:34:10 UTC 2015-11-04 15:55:04 UTC hello@padlet.com https://padlet-assets.storage.googleapis.com/portrait/rose_close.jpg What products or services will be in high demand this month & next? JaDore https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990366 Jordans

Clothes

Computers

]]> 2015-11-03 15:43:34 UTC https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990366 A.) Define Demand JaDore https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990688 The willingness and ability to buy a good at a range of prices

]]> 2015-11-03 15:44:18 UTC https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990688 B.) Define Law of Demand JaDore https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990742 There is always an inverse relationship between the price of a good and the quantity

]]> 2015-11-03 15:44:24 UTC https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990742 C. ) With the price of ice cream at $8, why is demand low? JaDore https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990815 When the price of a good is high, a lower quantity will be demanded by the buyer's. At higher prices fewer consumers are willing and able to buy ice cream they do not believe the benefit they will gain from a single scoop of ice cream

]]> 2015-11-03 15:44:35 UTC https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990815 D.) With the price of ice cream at $3, predict the quantity of demand? JaDore https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990933 600

]]> 2015-11-03 15:44:53 UTC https://padlet.com/JaDore/qnz4jqj1dh90/wish/78990933 E.) Any remaining questions JaDore https://padlet.com/JaDore/qnz4jqj1dh90/wish/78994886 NONE

]]> 2015-11-03 15:55:44 UTC https://padlet.com/JaDore/qnz4jqj1dh90/wish/78994886