ECO Topic 3 Pt 1 Matching
| the desire to own something and the ability to pay for it |
| a table that lists the quantity of a good a person will buy at various prices in the market |
| the amount that a supplier is willing and able to supply at a specific price |
| a graph of the quantity supplied of a good by all suppliers at various prices |
| consumers will buy more of a good when its price is lower and less when its price is higher |
| a table that lists the quantity of a good all consumers in a market will buy at each different price |
| the amount of goods available |
| producers offer more of a good as its price increases and less as its price falls |
| when consumers react to an increase in a good's price by consuming less of that good and more of a substitute good |
| describes demand that is not very sensitive to price changes |
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