Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Vocabulary u1 l5

TermDefinition
Demand quantity of a product a consumer is willing and able to buy at a certain price
Supply quantity of a product a supplier is willing to provide at a certain price
Individual demand quantity of a product demanded by an individual consumer
Market demand sum of all individual demands for a specific product
Individual supply quantity of a product supplied by one supplier
Market supply sum of all individual suppliers’ supply of a specific product
Law of demand when prices fall demand will rise when prices rise demand will fall
Law of supply when prices are high supply will rise when prices fall supply will fall
constant environment is one in which other factors do not change
marketing campaigns the economic situation social trends Changes in demand can be caused by changes in
Profit motive is the drive to earn more profit
productivity the amount of product a worker produces per hour
Competition the contest among businesses to get customers
Consumers have a large impact on a market economy through the forces of supply and demand
Created by: 15snake