1.2 HOW MARKETS WORK Flashcards
(3 cards)
1
Q
exp. demand (relationship w/ price, draw diagr.)
A
2
Q
2 effects occur when fall in price
A
3
Q
expl. extension, contraction, shift
A
exp. demand (relationship w/ price, draw diagr.)
2 effects occur when fall in price
expl. extension, contraction, shift