Thursday, March 6, 2014

Demand

This week was short after having Monday and Tuesday. Congratulations to 2nd block for winning the milk and cookies! In these past two days we have learned a lot of new material. We have learned all about demand. Demand is the willingness to buy a product and the ability to buy it. We graphed demand curves using demand schedule. A demand schedule is the demand displayed in a chart and a demand curve is demand displayed in a table. We learned that demanded curves ALWAYS CURVE DOWN. We are now starting a new project to help advertise Weserville. Hope everyone has fun with these projects and a great weekend!
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2 comments:

  1. AnonymousMarch 9, 2014 at 9:21 PM

    I hope you have had a great weekend, too!
    Great post! Thanks for the demand curve review. This was a nice summary of the past week.

    ReplyDelete
  2. AnonymousMarch 10, 2014 at 7:20 AM

    We had two days of class missing but we still learned about a lot of things about demand. The advertising project seems interesting to work on.

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