Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


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. Your email address is only used to allow you to reset your password. See 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.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
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

civics

civis

TermDefinition
demand the desire, willingness, and ability to buy a good or service.
demand schedule is a table that lists various quantities of a product or service someone is willing to buy over a range of prices.
demand curve is a graph that shows the amount of a product that would be bought at all possible prices in the market.
law of demand quantity demanded and price move in opposite directions.
market demand the total demand of all consumers for their product or service.
utility pleasure, usefulness, or satisfaction we get from a product.
marginal utility additional satisfaction
why does demand change market demand can change when more consumers enter the market. Market demand can also change when the incomes, in the market change.
What determines demand Changes in income, preferences, price of related goods, and changes in population.
demand elasticity is the extent to which a change in price cause a change in the quantity demanded.
inelastic demand price changes have little effect on the quantity demanded.
Necessities and Luxuries Demand for heart medicine and food is inelastic because these are necessities. Demand for luxuries is likely to be elastic. If the price of a luxury good increases, buyers are more able to cut back on the quantity demanded.
Subtitutes competing products
complements used together
Created by: gisela.f538
Popular U.S. History sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards