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All 4 terms

TermDefinition
Shift of demand curveChange in quanity supplied resulting from a change in the price of goods and other things
Complementary productsA good bought in conjunction with another good
Substitute productsTwo goods are subsituted in an increase in the product of one and shift to the right of the demand
Elastic demandHas a value greater than one
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Set Information

Terms 4
Creator OceannaMiller
Created October 28, 2009
Groups None
Subject Economics
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