Unit 3 supply and demand

which of the following would most likely decrease the supply of tennis balls?

The degree to which quantity supplied or demanded responds to a change in price is called:

if a price decrease for hot dogs causes an increase in demand for buns, then they are:

The point where quantity supplied = quantity demanded is called:

on a supply & Demand curve "X" marks the spot of:

a product that satisfies the same basic want of another product is a...

Which good has inelastic demand?

When price goes up quantity supplied goes up

How are the market equilibrium quantity and price determined?

Quantity supplied moves along the supply curve in response to a change in

At McDonald's a sharp increase in the price of hambugers may lead to an increase in demand for:

Which of the following will occur if consumers expect the price of hamsters to fall in two months

according to the law of demand, what happens when quantity demanded goes up?

Price ceilings cause:

Which situation best illustrates equilibrium?

what happens in a market when a price control is implemented? 

which of these might best signal lego makers to cut back on production