Shared Flashcard Set

Details

Supply and Demand
Chapter 3
5
Economics
Undergraduate 1
09/12/2010

Additional Economics Flashcards

 


 

Cards

Term
When income rises, demand for inferior goods shift...
Definition
[image]
Term
When income rises, demand for normal goods shift...
Definition
[image]
Term
Circular Flow: Input and Output Markets
Definition
[image]
Term
When the price of a good rises, demand for a substitute good shifts...
Definition
[image]
Term
When the price of a good rises, demand for complementary goods shift...
Definition
[image]
Supporting users have an ad free experience!