econ c4 - word wall
TRANSCRIPT
CHAPTER 4 VOCABULARY
•demand•law of demand
•substitution effect
•income effect•complements
•substitutes•elasticity of demand
•inelastic•elastic•total revenue
1. demand
• Your name• Chapter 4 - Vocabulary• Classwork Category I
DEMAND
LAW OF DEMAND
substitution effect
income effect
complements
substitutes
elasticity of demand
inelastic
elastic
total revenue