ECO210 12.45-2.10 Demand and supply (TEAM)

What are the two types of related goods?

What is the slope of the supply curve?

What happens when the quantity demanded out weighs the quantity supplied?

If the population of an economy increases, what increases?

If demand decreases which way does the demand curve shift?

What happens to demand of a product when the popularity increases?

Which curve does expectations impact?

When the number of sellers increases in an economy what increases

What would happen if there is more supply than demand?

States that the quantity demanded and price move in opposite directions.