Relacionar Columnas MicroeconomicsVersión en línea Matching game for AP Microeconomics por caroline kinder 1 Change in demand 2 Complements 3 Demand Schedule 4 Supply and Demand Model 5 Normal good 6 Competitive Market 7 Quantity demanded 8 Demand curve 9 Law of Demand 10 Substitutes if a rise in the price of one of the goods leads to an increase in the demand for the other good a graphical representation of the demand schedule. It shows the relationship between quantity demanded and price. if a rise in the price of one of the goods leads to a decrease in the demand for the other good shows how much of a good or service consumers will be willing and able to buy at different prices. A market in which there are many buyers and sellers of the same good or service, none of whom can influence the price at which the good or service is sold. a higher price for a good or service, all other things being equal, leads people to demand a smaller quantity of that good or service. a model of how a competitive market works a shift of the demand curve, which changes the quantity demanded at any given price when a rise in income increases the demand for a good the actual amount of a good or serviced consumers are willing to buy at some specific price point.
Crear