$|+|_|@+|()|\|
$|_||>|>|_'/
|)3|\/|@|\||)
\/()(@|3
+3|2|\/|$
100
|)3|\/|@|\||) (|_||2\/3 @|=|=3(+3|) |3'/ 9()()|)$
What is change in income
100
0,|_|@|\|+|+|3$ ()|= 9()()|)$ +|-|@+ @|23 @\/@||_@|3|_3
What is supply?
100
0,|_|@|\|+|+|3$ ()|= 6()()|)$ +|-|@+ (0|\|$|_||\/|3|2$ |3|_|'/
What is demand?
100
|_@(|< ()|= |23$()\_/|2(3$
What is scarcity?
100
|\/|()+|\/@+|()|\|
What is incentive?
200
|>|2|(3 ||\|(|23@$3$ 0,|_|@|\|+|+|3$ |>|2()|)|_|(3|) ||\|(|23@$3|)
What is law of supply?
200
|>|2|(3 9()3$ |_||> |)3|\/|@|\||) 9()3$ |)()\/\/|\|
What is law of demand?
200
(@|\| |33 |3|_|||_+ ()|\|
What is land?
300
|\/|@|2|<3+ (|2@$|-|
What is market failure?
300
|_()\/\/3|2 |>|2|(3 |=()|2 0,|_|@|\|+|+|3$
What is increase in supply?
300
|\/|@|\|'/ |23$()|_||2(3$
What is surplus?
300
|_()\/\/ |23$()|_||2(3$
What is shortage?
400
$|>||_|_()\/3|2
What is negative externality of production?
400
|-||6|-|3|2 (0$+$ |)3(|23@$3 ||\| $|_||>|>|_'/
What is reduction supply?
400
|3@|_@|\|(3 ()|= |\/|@|2|<3+
What is market equilibrium?
400
9()\/3|2|\||\/|3|\|+ |>@'/|\/|3|\|+
What is subsidy?
400
9()\/3|2|\||\/|3|\|+ |>@'/|\/|3|\|+
What is price control?
500
(0$+$ $|>||_|_()\/3|2
What is negative externality of consumption?
500
(0|\|$|_||\/|3|2 @|\||) |>|2()|)|_|(+|()|\|
What is supply and demand?
500
(0|\|$|_||\/|3|2 @|\||) |>|2()|)|_|(+|()|\|
What is supply and demand?
500
@ +'/|>3 ()|= 3(0|\|0|\/|'/ +|-|@+ |-|@$ +|-|3 |\/|()$+ ()|>+|()|\|$
What is market economy?
500
$3|\|$|+|\/3 0,|_|@|\|+|+'/
What is elasticity?
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