All of these statements are characteristic of vzv infections except __________.

In a competitive market equilibrium the ________ equals the ________ of the last unit sold.

If demand is inelastic, a price ________ causes ________ in total revenue.

If people have ______ income, they will purchase more of an "inferior"good.

If the price elasticity of demand is equal to 2, the good has _____ demand.

The amount of an increase in income is called the _________ income.

Inelastic can describe as

The percentage change in demand divided by the percentage change in consumers’ income is called

Elastic can be described as

Cross-price elasticity of demand is the measure of the impact that the price change of one good will have on the demand of another good

Secondary effects of an action that may occur in addition to the initial effects