study guide for exam 2

study guide for exam 2 - Chapter 4 1. What is Market? What...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 4 1. What is Market? What is Competitive Market? What is perfectly Competitive Market and what are the features of non-perfectly competitive market? 2. What is Law of Demand? What is Demand Schedule? What is Demand Curve? How to get the Market Demand from Individual Demand? 3. What are the main determinants of demand? And how they are going to affect the demand? 4. What is normal good? What is inferior good? What are substitutes? What are complements? 5. What is Quantity Demanded? What is the difference between a change in Quantity Demanded and a change in Demand? 6. What is Law of Supply? What is Supply Schedule? What is Supply Curve? How to get the Market Supply from Individual Supply? 7. What are the main determinants of supply? And how they are going to affect the supply? 8. What is Quantity Supplied? What is the difference between a change in Quantity Supplied and a change in Supply? 9.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

study guide for exam 2 - Chapter 4 1. What is Market? What...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online