Economics: Demand

Economists measure consumption in the amount of a good that is bought.

What is listed on the Y Axis of a Demand Curve?

What word do economists use to describe the satisfaction one gets from a good or service?

Who was the original lead singer of AC/DC

In the music video for "Take On Me", the waitress gets sucked into a ___

Price of Item A Increases. Demand for Item A Decreases. Demand for Item B increases.

A limited amount of resources to meet an unlimited amount of needs and wants is known as ___.

___ is the desire to own something and the ability to pay for it.

A ___ in demand shifts the demand curve to the ___.

___ are goods that we buy less of as our income increases.

Demand goes to the ___ and Supply goes to the ___

___ is a table that lists the quantity of a good a person will buy at each different price.

Quantity Demanded is listed on the ___ axis of the demand curve?

Which is NOT one of the shifters of the demand curve.

What was the name of the band Peter Gabriel was in before he went solo?

The change in consumption resulting from a change in real income is known as?

Who sang, "Rock the Casbah"?

The study of how we seek to satisfy our needs and wants by making choices is known as?

___ are good that one continues to buy or buys more of as their income increases.

Records and record players are an example of what?

Where did AC/DC get their name?

What is being shown here?

Girls just want to have fun.

___ is the most desirable alternative given up as the result of a decision.

Who sang, "Girls Just Want to Have Fun"?

Hot Cheetos and Takis are an example of ___

People buy more of a good when its price decreases and less when the price increases.

A ___ is a graphic representation of a demand schedule.

___ says that our additional satisfaction tends to go down as we consume more and more units.

The United States has a ___ economy.