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ONQ # 13 • • • • Ch 4 sec 1 Vocabulary 5 QUESTIONS 5 MINUTES 16 years ago today Oprah launched her book club. Oh and in 1787 the Constitution was signed. 1. DEFINE MICROECONOMICS. 2. THIS IS A GRAPH SHOWING QUANTITY DEMANDED AT EACH PRICE IN THE MARKET. 3. WHEN PRICE GOES DOWN, QUANTITY DEMANDED GOES UP. THIS ILLUSTRATES: 4. A MARKET DEMAND CURVE SHOWS THE QUANTITY DEMANDED OF ___________. 5. DEFINE MARGINAL UTILITY
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