Supply/Demand
Classic Cartoons
Goods
Slogans
Misc.
100
A table listing the quantities consumers are willing and able to purchase at various prices is a _____.
What is a demand schedule?
100
Scooby's best friend.
Who is Shaggy?
100
Goods for which demand goes up as income goes up are _____.
What are normal goods?
100
So easy a caveman can do it.
What is GEICO?
100
The condition in which the quantity demanded is greater than the quantity supplied at a certain price is called a _____.
What is a shortage?
200
A graphic illustration showing the quantities demanded at various prices during a given period of time is a______.
What is a demand curve?
200
Fred Flintstones wife.
Who is Wilma Flintstone?
200
Goods for which demand goes down as income goes up are _____.
What are inferior goods?
200
It takes a lickin' and keeps on tickin'.
What is Timex?
200
as prices go up, demand goes down
What is the Law of Demand?
300
A table listing the quantities of goods or services that producers are willing and able to produce at various prices is a _____.
What is supply schedule?
300
What's Up doc?
Who is Bugs Bunny?
300
Products whose uses are similar enough that one can replace the other are _____.
What are substitute goods?
300
With a name like ___________, it has to be good.
What is Smuckers?
300
as prices go up, supply goes up
What is the Law of Supply?
400
A graphic illustration showing the quantities supplied at various prices during a given period of time is a_____.
What is a supply curve?
400
Beep, Beep!
Whos is Road Runner?
400
Products that are used together are called _____.
What are complementary goods?
400
Is is live, or is it ____________?
What is Memorex?
400
Where quantity demanded = quantity supplied.
What is the equilibrium?
500
The amount of satisfaction a person gets from one additional unit of product is _____.
What is marginal utility?
500
Their dog's name is Astro.
Who are the Jetsons?
500
The condition in which the quantity supplied is greater than the quantity demanded at a certain price is called a _____. a. shortage b. surplus c. equilibrium price d. banana
What is a surplus?
500
When it absolutely, positively has to be there overnight.
What is Federal express?
500
The principle that, as additional units of a product are consumed, the additional satisfaction decreases is _____.
What is Diminishing Marginal Utility?