Introduction
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Following successful completion of this lesson, students will be able to...
- describe and illustrate the concept of demand.
- explain how demand and utility are related.
- define and illustrate demand through schedules and graphs.
- explain what causes a change in quantity demanded.
- describe the factors that could cause a change in demand.
The above objectives correspond with the Alabama Course of Study: Economics standards: 6.3, 6.7, 6.8.