Demand And Suplly Flashcards

1
Q

As demand increases…
As prices increase …

A

Price increases
Demand decreases

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What cerebis paribus mean

A

All other things being equal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly