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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 SCARY NECK BOLTS CREEPYFANGSUGLY.

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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 SCARY NECK BOLTS CREEPYFANGSUGLY."— 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 SCARY NECK BOLTS CREEPYFANGSUGLY

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

3 complement

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

5 demand

6 In which movie did this character originally appear?

7 The Invisible Man

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

9 ceteris paribus

10 In which movie did this monster originally appear?

11 Fiend without a Face

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

13 demand curve

14 In which movie did this monster originally appear?

15 The Mummy

16 In which movie did this monster originally appear?

17 Creature from the Black Lagoon

18 What is the change in consumption resulting from a change in real income?

19 income effect

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

21 elasticity of demand

22 What is a good that replaces another demanded good?

23 substitute

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

25 inferior good

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

27 elastic

28 What actor portrayed this version of Dracula?

29 Bela Lugosi

30 What economic principle says, “Consumers buy more of a good when the price decreases and less when the price increases?”

31 Law of Demand

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

33 total revenue

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

35 demand schedule

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

37 normal good

38 What actor portrayed this version of the Frankenstein monster?

39 Boris Karloff

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

41 inelastic

42 In which movie did this monster originally appear?

43 The Wolfman

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

45 market demand schedule

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

47 unitary elastic

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 monster originally appear?

51 Robot Monster


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