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200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100.

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Presentation on theme: "200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100."— Presentation transcript:

1 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100

2 What is a good that replaces another demanded good?

3 substitute

4 From which horror movie is this image taken?

5 Bride of Frankenstein

6 What term describes demand whose elasticity is exactly equal to one?

7 unitary elastic

8 What actor portrayed this version of the mummy?

9 Boris Karloff

10 What is a measure of how consumers react to a change in the price of a good?

11 elasticity of demand

12 In which movie did this character originally appear?

13 Godzilla

14 What is the desire to own something and the ability to pay for it?

15 demand

16 What is a table that lists the quantity of a good all consumers in a market will buy at each different price?

17 market demand schedule

18 What is demand that is very sensitive to a change in price?

19 elastic

20 From which horror movie is this image taken?

21 Island of Lost Souls

22 What term describes the total amount of money a firm receives by selling goods or services?

23 total revenue

24 In which movie did this actor originally appear?

25 Freaks

26 What word describes demand that is not very sensitive to a change in price?

27 inelastic

28 What is a good for which the demand falls when income rises?

29 inferior good

30 What is the assumption that nothing but the price of a good will change?

31 ceteris paribus

32 From which movie is this image taken?

33 King Kong

34 What is a graphic representation of the quantities of a good that will be bought at each price?

35 demand curve

36 What is the way that a change in price determines whether or not consumers buy goods?

37 law of demand

38 Peter Lorre portrayed a crazed doctor in this horror film.

39 Mad Love

40 What is the change in consumption that results from a change in real income called?

41 income effect

42 What is a good that is bought and used along with another good?

43 complement

44 What is a table that lists the quantity of a good a person will buy at each different price?

45 demand schedule

46 What is a good that consumers will demand more of when their incomes increase?

47 normal good

48 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?

49 substitution effect

50 In which movie did this severed head originally appear?

51 The Brain That Wouldn't Die


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