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Supply/Demand

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Question
Answer
show Consumer  
🗑
The supply curve slopes which way?   show
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The demand curve slopes which way?   show
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show Producer  
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show The more you have of something the less satisfying it is  
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Factors that affect consumer spending are what?   show
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Only a change in _______________ causes a change in quantity demanded. It moves along the same demand curve and does not shift.   show
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show As price goes up, quantity demanded goes down. They have an inverse relationship  
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The point at which demand and supply meet is called what?   show
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show Quantity  
🗑
show Price  
🗑


   

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