$100 $400 $300$200$400 $200$100$100$400 $200$200$500 $500$300 $200$500 $100$300$100$300 $500$300$400$400$500
Demand
Supply
Prices
Market Structures
Market Regulation
Demand Supply Prices Market Structure Market Regulation $100 $300 $200 $400 $500
Demand - $100 The definition of the Law of Demand.
Demand - $200 The tendency of consumers to buy a lower priced product instead of a more expensive one.
Demand - $300 The satisfaction received from consuming each additional unit declines.
Supply - $400 Goods that are commonly used with other goods.
Demand - $500 Exists when a change in price of a good has little impact in the quantity demanded.
Supply - $100 States that producers provide more goods and services at higher prices than at lower prices.
Supply - $200 Exists when a small change in price causes a major change in the quantity supplied.
Supply - $300 Non-price factors that can cause the shift of the entire supply curve.
Supply - $400 Direction of change of the supply curve with an increase in taxes.
Supply - $500 Direction of change of the supply curve with the introduction of new technology.
Prices - $100 The price that occurs where the quantity supplied and the quantity demanded are equal.
Prices - $200 Exists when the quantity supplied exceeds the quantity demanded.
Prices - $300 A government regulation that establishes a maximum price for a particular good.
Prices - $400 System in which a government or other institution decides how to distribute a product.
Prices - $500 The result of a price ceiling.
Market Structure - $100 Ideal market structure that has many buyers and many sellers.
Market Structure - $200 This market structure one has one seller.
Market Structure - $300 This market structure has a few large sellers that control most of the production of a good.
Market Structure - $400 This kind of monopoly occurs because of economies of scale.
Market Structure - $500 Sellers differentiate their products through non-price competition.
Market Regulation - $100 This is the incentive of sellers in a market economy.
Market Regulation - $200 This means “let the people do as they will” or “leave them alone” in French.
Market Regulation - $300 This was created to oversee the railroads in 1887.
Market Regulation - $400 What is the practice of offering different prices to different customers under the same circumstances.
Market Regulation - $500 This Act was the foundation of U.S. antitrust legislation prohibiting the restraint of trade and the formation of monopolies.
Demand - $100 WHAT IS PRICE IS INVERSELY RELATED TO DEMAND? AS PRICE GOES UP, DEMAND GOES DOWN
Demand - $200 WHAT IS THE SUBSTITUTION EFFECT?
Demand - $300 WHAT IS DIMINISHING MARGINAL UTILITY?
Demand - $400 WHAT ARE COMPLEMENTARY GOODS?
Demand - $500 WHAT IS INELASTIC DEMAND?
Supply - $100 WHAT IS THE LAW OF SUPPLY?
Supply - $200 WHAT IS ELASTIC SUPPLY?
Supply - $300 WHAT ARE DETERMINANTS OF SUPPLY?
Supply - $400 WHAT IS LEFT? A NEGATIVE SHIFT
Supply - $500 WHAT IS RIGHT? POSITIVE SHIFT
Price - $100 WHAT IS EQUILIBRIUM PRICE?
Price - $200 WHAT IS A SURPLUS?
Price - $300 WHAT IS A PRICE CEILING?
Price - $400 WHAT IS RATIONING?
Price - $500 WHAT IS A SHORTAGE?
Market Structure - $100 WHAT IS PERFECT COMPETITION?
Market Structure - $200 WHAT IS A MONOPOLY?
Market Structure - $300 WHAT IS AN OLIGOPOLY?
Market Structure - $400 WHAT IS A NATURAL MONOPOLY?
Market Structure - $500 WHAT IS MONOPOLISTIC COMPETITION?
Market Regulation - $100 WHAT IS PROFIT?
Market Regulation - $200 WHAT IS LAISSEZ FAIRE?
Market Regulation $300 WHAT IS THE INTERSTATE COMMERCE ACT?
Market Regulation - $400 WHAT IS PRICE DISCRIMINATION?
Market Regulation - $500 WHAT IS THE SHERMAN ANTITRUST ACT OF 1890?
BUSINESS ORGANIZATIONS
FINAL JEOPARDY THE KIND OF BUSINESS ORGANIZATION THAT COMPRISES 74% OF ALL BUSINESSES IN THE U.S.
WHAT ARE SOLE PROPRIETORSHIPS? FINAL CATEGORY