Economics Ch 4 12th Grade
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | elasticity of demand
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| is demand for a good that you will keep buying despite a price increase | show 🗑
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| when you buy much less of a good after a small price increase | show 🗑
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| when elasticity is exactly equal to 1 | show 🗑
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| the amount of money a company receives after selling its goods | show 🗑
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| are goods that consumers demand more of when their income increases | show 🗑
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| show | inferior goods
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| show | complements
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| show | are goods used in place of one another
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| the higher the price of pizza, the fewer slices people will buy | show 🗑
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| show | substitution effect
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| show | income effect
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| show | demand schedule
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| show | market demand schedule
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| show | demand curve
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Ann Marie Brezosky
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