ch. 3.1
demand
demand
law of demand
income effect
substitution effect
quantity demanded
demand schedule
demand curve
quantity demand changes
demand changes
none price determinants
population & demographics
expectations
tastes & advertising
income
complements
substitutes
petics
normal goods
inferior goods
exception to income determaint
elasticity of demand
elastic
inelastic
calculating elasticity
unitary
factors impacting elasticity
availability of substitutes
consumer budget
necessities
luxury
changes over time
total revenue