CH2 VIDEOS Flashcards by Clay Casassa | Brainscape

Q

SCHEDULE/GRAPH SHOWING QUANTITIES DESIRED AT EVERY PRICE IS?

A

DEMAND CURVE

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Q

QUANTITY WISHED TO BUY AT A PARTICULAR PRICE IS?

A

QUANTITY DEMANDED

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Q

ALL QUANTITIES AT ALL PRICES IS?

A

DEMAND

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Q

GOODS MORE VALUABLE USED IN COMBINATION ARE?

A

COMPLIMENTS

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Q

THE OPPOSITE OF COMPLIMENTS IS?

A

SUBSTITUTES

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Q

GOODS CONSUMED WHEN INCOME INCREASES ARE?

A

NORMAL GOODS

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Q

GOODS CONSUMED WHEN INCOME INCREASES ARE?

A

INFERIOR GOODS

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