Changes in Demand

Front

If the federal government says that fish is healthy for you which way will the demand curve for fish shift?

Back

Right

Front

Pancakes and syrup are:

Back

Complementary Goods

Front

Coffee and tea are

Back

Substitute Goods

Front

The price of syrup increases. The demand for pancakes will:

Back

decrease

Front

Which is NOT a complement for bread: butter, flour, peanut butter, jam?

Back

flour

Front

Which is NOT a complement for cars: bicycles, seat covers, speakers, tires?

Back

bicycles

Front

Increase in price of one increases demand of the other

Back

substitutes

Front

Increase in price of one decreases demand of the other. What type of goods does this describe? (substitutes, complements)

Back

complements

Front

If the population increases in a market demand will:

Back

increase

Front

If mechanics get a reduction in pay demand for tools will:

Back

decrease