Chapter 4: Micro Flashcards
1
Q
Cross-price elasticity of demand
A
95
2
Q
Elastic demand
A
87
3
Q
Income elasticity of demand
A
93
4
Q
Inelastic demand
A
87
5
Q
Minimum wage
A
76
6
Q
Perfectly elastic demand
A
87
7
Q
Perfectly elastic supply
A
97
8
Q
Perfectly inelastic demand
A
87
9
Q
Perfectly inelastic supply
A
97
10
Q
Price ceilings
A
75
11
Q
Price controls
A
75
12
Q
Price elasticity of demand
A
80
13
Q
Price elasticity of supply
A
96
14
Q
Price floor
A
75
15
Q
Rent control
A
75
