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supply and demand

cole wheeler

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3.tendency of suppliers to offer more of a good at higher prices
4.the change in consumption resulting from a change in real income
6.Total amount of money a firm makes
8.measure of how consumers react to a change in price
11.demand that is not very sensitive to a change in price
15.demand that is very sensitive in a change in price
18.a chart that lists how much of a good all supplliers will offer at different prices
19.good that consumers demand more of when their income increases
21.graphic representation of a demand schedule
22.table that lists the quantity of a good a person will buy at a price
1.table that lists the quantity of goods consumers in a market will buy at different prices
2.two goods that are bought and used together
5.a measure of the way quantity supplied reacts to a change in price
7.consumers by more of a good when its price decreases and less when increases
9.consuming less of a good and more of another when theres an increase in price
10.the amount a supplier is wiling to supply at a certain price
12.latin phrase " all other things held constant"
13.a good that consumers demand less of when their income increases
14.the amount of goods available
16.a graph of the quantity supplied of a good at different prices
17.desire to own something and the ability to pay for it
20.a factor that can change

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