With _____________ demand the price changes, but the amount purchased remains the same.

You are analyzing a trade-off when you compare the _____and _____ of doing something.

You can afford to buy the latest hdtv, which means that it _____ as demand for you.

A giffen good is one in which the _____ curve is _____ sloped.

Accountants include ____ costs as part of a firm’s costs, while economists include ____ costs.

A change in _____ does not shift the demand curve.

Income effect occurs because of a consumer’s ____ purchasing power.

Diminishing marginal utility is A good’s ability to provide ____ satisfaction with each successive unit consumed

Consumer equilibrium is Based on the ratio of ________Utility.

A field of economics that incorporates insights from human psychology is called

The concept that people with different levels of income should be treated differently is called