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More cards in this set
Card 6
Front
What does the basic law of demand show?
Back
Card 7
Front
What will a change in price do?
Back
Card 8
Front
What are the main factors that lead to a shift in demand? (8)
Back
Card 9
Front
How can disposable income effect demand? And would the shift curve be left or right?
Back
Card 10
Front
How can complementary goods effect demand? And would the shift curve be left or right?
Back
Card 11
Front
What does supply show?
Back
Card 12
Front
What does a higher market price give to suppliers?
Back
Card 13
Front
What does the basic law of supply show?
Back
Card 14
Front
What are the main factors which lead to a shift in supply? (5)
Back
Card 15
Front
How does an increase cost in production lead to a shift in supply?
Back
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