Ch. 4 Econ- "Demand"

Ceteris paribus determines

price greatly affects demand is

What determines if a demand curve shifts

If the supply of a good goes down what does it typically do to the price?

Gas is 

If supply of a good goes up what does that do to the price typically?

If your income changes you will change your consumption of goods is 

substitutes are 

A chart that shows the entire population and what can be consumed is a 

As price increases the demand decreases, as prices drop demand increases.  This is called

Ceteris Paribus is 

The ability and willingness to buy a good or service is 

Most food products that are purchased are 

When is this test?

Reacting to an increase in price by buying another good or service is 

 A table that shows the amount an individual can purchase at various prices

Complement goods are

What is the measure of how much a price change affects demand?

What affects how elastic something is

What does it mean if price doesn't affect demand?

Peanut Butter & Jelly are

What is the following chart?  

What is a graphic representation of what a person can afford at various prices?

What two behavior patterns support the law of demand?

If goods are complements, demand goes up in one then demand