ECO210 12.45-2.10 Demand and supply (INDIVIDUAL)

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

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

If demand decreases which way does the demand curve shift?

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

What are the two types of related goods?

What is the slope of the supply curve?

When the number of sellers increases in an economy what increases

Which curve does expectations impact?

If the population of an economy increases, what increases?

What would happen if there is more supply than demand?