JA Economics Chp. 3
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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| The quantity of goods and services a person can buy with a given amount of money. | show 🗑
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| show | complementary goods
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| Quantities of a particular good or service consumers are willing and able to buy at different prices at a particular time. | show 🗑
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| The point reached when an additional unit of a product consumed is less satisfying than the one before it. | show 🗑
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| show | inferior good
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| An inverse relationship between the quantity demanded and the price of a product. | show 🗑
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| show | market demand
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| A good for which the consumer’s demand increases as income increases. | show 🗑
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| show | price effect
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| show | price elasticity of demand
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| A good or service that can replace another good or service. | show 🗑
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| The usefulness or satisfaction that consumers get from consuming goods and services. | show 🗑
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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:
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