SCARY NECK BOLTS CREEPYFANGSUGLY
What is a good that is bought and used along with another good?
complement
What is the desire to own something and the ability to pay for it?
demand
In which movie did this character originally appear?
The Invisible Man
What is the assumption that nothing but the price of a good will change?
ceteris paribus
In which movie did this monster originally appear?
Fiend without a Face
What is a graphic representation of the quantities of a good that will be bought at each price?
demand curve
In which movie did this monster originally appear?
The Mummy
In which movie did this monster originally appear?
Creature from the Black Lagoon
What is the change in consumption resulting from a change in real income?
income effect
What is a measure of how consumers react to a change in the price of a good?
elasticity of demand
What is a good that replaces another demanded good?
substitute
What is a good for which the demand falls when income rises?
inferior good
What is demand that is very sensitive to a change in price?
elastic
What actor portrayed this version of Dracula?
Bela Lugosi
What economic principle says, “Consumers buy more of a good when the price decreases and less when the price increases?”
Law of Demand
What term describes the total amount of money a firm receives by selling goods or services?
total revenue
What is a table that lists the quantity of a good a person will buy at each different price?
demand schedule
What is a good that consumers will demand more of when their incomes increase?
normal good
What actor portrayed this version of the Frankenstein monster?
Boris Karloff
What word describes demand that is not very sensitive to a change in price?
inelastic
In which movie did this monster originally appear?
The Wolfman
What is a table that lists the quantity of a good all consumers in a market will buy at each different price?
market demand schedule
What term describes demand whose elasticity is exactly equal to one?
unitary elastic
What phenomenon occurs when consumers react to an increase in a good’s price by consuming less of that good and more of other goods instead?
substitution effect
In which movie did this monster originally appear?
Robot Monster