Ch. 3 - Demand and Supply Flashcards
0
Q
Change in supply, 59
A
A
1
Q
Change in demand, 54
A
A
2
Q
Change in the quantity demanded, 57
A
A
3
Q
Change in the quantity supplied, 60
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A
4
Q
Competitive market, 52
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A
5
Q
Complement, 55
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A
6
Q
Demand, 53
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A
7
Q
Demand curve, 54
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A
8
Q
Equilibrium price, 63
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A
9
Q
Equilibrium quantity, 62
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A
10
Q
Inferior good, 56
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A
11
Q
Law of demand, 53
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A
12
Q
Law of supply, 58
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A
13
Q
Money price, 52
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A
14
Q
Normal good, 56
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A
