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Complements are goods that pair nicely with other products. For instance living in the great state we do; Beer and Pretzels, or cheese hats and a packers game

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Substitutes are something that replaces a product that is usually less expensive to make. For example using sugar substitute instead of cane sugar. It costs less to produce and tastes the same

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This is when the businesses supply meets the demand for their service of product. The E. Price is when supply and demand are equal

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Just the opposite of a Surplus. When a company doesn't have the supply to meet the demand

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When a business has more supply than demand

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When you try/buy/purchase something again and again and it becomes less exciting

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Demand for a raw material or type of service and how it changes with price.

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Relationship between a price or service and the quantity supplied

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Increase in price is resulted in increase in quantity. direct relationship in price and quantity

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As the price of a service or product increases, the demand goes down.