NAME

Question Types


Start With


Question Limit

of 9 available terms

Advertisement Upgrade to remove ads

3 Written Questions

3 Multiple Choice Questions

  1. A measure of the sensitivity of demand to changes in price
  2. the price at which the amount supplied is equal to the amount demanded
  3. an economic concept that states that the price of a good rises and falls depending on how many people want it (demand) and depending on how much of the good is available (supply)

3 True/False Questions

  1. substitute goodsan economic concept that states that the price of a good rises and falls depending on how many people want it (demand) and depending on how much of the good is available (supply)

          

  2. equilibriuma market in which products are sold by firms and bought by households

          

  3. medium of exchangeanything that is generally accepted as a standard of value and a measure of wealth in a particular country or region

          

Create Set