Demand

Changes in price motivate consumers to buy relatively cheaper substitute goods is called the

The economic theory of Supply & Demand suggests that there is a relationship between what four?

What goes on the Y-Axis of the Supply & Demand chart?

What goes on the X-Axis of the Supply & Demand chart?

The point where the Quantity hits the Demand Slope is called the 

When something causes Demand to INCREASE, the Demand Slope shifts

When something causes Demand to DECREASE, the Demand Slope shifts

The Demand Slope starts ________, and goes down to the _________.

For Demand, there is a(n) _________ relationship between Price & Quantity Demanded

Changes in income affect the purchasing power of consumers

What is "Demand"?

As you continually consume a product, you eventually get less satisfaction is known as