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Economics: Supply and Demand Flashcards | StudBud

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Economics: Supply and Demand

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Questions 10

Answers

1
lower
becoming more expensive
to reduce in value or amount
2
available
impossible to find anywhere
possible to get, buy, or use
3
price
the amount of colours something has
the amount of money something costs
4
demand
availability of something
desire of consumers to buy something
5
service
buying something from another
doing a job for another
6
consumer
someone who buys things
someone who creates things
7
goods
something grown or made then sold
something done for another person
8
supply
the amount of something that is available
the amount of something that has been eaten
9
raise
becoming less in value or amount
becoming greater in value or amount
10
expensive
having a high cost
having a low cost