Determinants of Supply & Demand

Front

The amount of a product producers are willing to sale at different prices.

Back

Supply

Front

The amount of a product or services consumers are willing to buy at different prices.

Back

Demand

Front

We use the equilibrium to help us find the?

Back

Market Price

Front

Batteries and flashlights are?

Back

Complimentary Goods

Front

The demand for diapers went up with record high new babies this past month. What does this indicate?

Back

Number of Consumers

Front

New robots make cars faster and cheaper will shift the?

Back

Supply Curve

Front

Change in consumer taste for products like silly bandz?

Back

Demand Curve

Front

Change in the price of factors of production?

Back

Supply Curve

Front

People who are lactose intolerant who like milk may reach for almond or oat milk instead.

Back

Substitute

Front

All government employees get a 10% raise and cry let's go shopping!

Back

Demand