chapter 4 vocab
An online crossword puzzle with 18 words. Play it free at AgileCrosswords.com.
Clues
- a table that lists the quanity of a good all consumers in a market will buy at each diffrent pirce
- consumers react to an increase in a goods price by consuming less of that good and more of another
- describes demand whose elasticity is exactly equal to 1
- a table that lists the quantity of a good a person will buy at each diffrent price
- latin for all other things held constant
- a good that consumers demand less of when their income increase
- the total amount of a money a firm receives by selling goods or services
- two goods that are brought and used together
- a graphic representation of a demand schedule
- describes demand that is very sensitive to a change in price
- a measure of how consumers react to a change in price
- the change in consumption resulting from a change in real income
- consumers buy more of a good when its price decreases and less whenits price increases
- consumers buy more of a good when its price decreases and less whenits price increases
- goods used in place of one another
- a good that consumers demand more of when their income increases
- describes demand that is very sensitive to a change in price
- the desire to own something and the ability to pay for it
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