dorothybean
dorothybean
09.03.2021 • 
Social Studies

Match the word with the closest definition Column A
1.
Demand:
Demand
2.
Incentive:
Incentive
3.
Law of Demand:
Law of Demand
4.
Change in Demand:
Change in Demand
5.
Substitutes:
Substitutes
6.
Complements:
Complements
7.
Demand Elasticity:
Demand Elasticity
8.
Inelastic:
Inelastic
9.
Demand Curve:
Demand Curve
10.
Marginal Utility:
Marginal Utility
Column B
a.Different amounts of a product are demanded at every price - curve shifts left or right
b.The extra usefulness a person gets from acquiring one more unit of a product.
c.Price change causes a small change in quantity demanded
d.Graph that shows the quantity demanded at every possible price
e.Competing products can be used in place of one another
f.How much does a price change impact demand?
g.Products related so that a price increase on one changes the demand for both,
h.A motivating influence that causes a person to act
i.Quantity demanded varies inversely with price
j.The amount of product someone is willing and able to buy over a range of prices

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