leaving cert business
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show | This is the number of units of good a consumer will buy at various prices.
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show | This states that an increase in price leads to a decrease in quantity demanded or a decrease in price leads to an increase in quantity demanded.
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Consumer surplus | show 🗑
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show | This studies the quantities of a good that an individual consumer is prepared to buy at each price.
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show | This is the total amount of a good which is demanded by the total number of consumers in the market at each price. Market demand is found by adding together the amounts which each individual consumer will demand at each price.
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Effective Demand | show 🗑
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show | This exists where demands for two goods are linked.
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show | This occurs when one commodity is an essential part of another commodity, and it is demanded not for it’s own sake, but because it is required to manufacture another good.
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show | This occurs when there is a demand for a good because it contains some built in quality
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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