Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
demand |
the ability and willingness to buy specific quantities of goods in given period of time at particular price, ceteris paribus |
|
law of demand |
negative or inverse relationship |
|
change in demand |
movement along the demand curve due a change in price while other factors remain constant |