Activity 01
Graphing Lab: Personal Demand Curves
Students survey five classmates on quantities of a popular snack they would buy at prices from $0.50 to $3.00. Pairs plot points to draw the demand curve, label axes, then simulate an income increase by resurveying and shifting the curve rightward. Discuss the inverse relationship observed.
Explain the law of demand and its inverse relationship between price and quantity.
Facilitation TipDuring the Graphing Lab, circulate with colored pencils in hand to help students scale axes thoughtfully and label curves clearly.
What to look forPresent students with a list of scenarios. Ask them to identify whether each scenario represents a change in quantity demanded (movement along the curve) or a change in demand (shift of the curve). For shifts, have them name the specific factor causing the shift.