More cards in this set

Card 6

Front

A ... of the demand curve is when the demand decreases due to price level

Back

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Card 7

Front

... utility is when more of a good is consumed, the utility (usefulness) of it decreases. Therefore it becomes less useful and has less satisfaction as more is consumed

Back

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Card 8

Front

The ... effect of a price fall is when the good becomes more attractive than other goods of similar use

Back

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Card 9

Front

The ... effect of a price fall is when you can buy more of a good with the ... you have, or spend more of your ...

Back

Preview of the front of card 9