Period 3 Economics Test Review by Kelly Krause https://padlet.com/p00148498/zfw7ll7vacr3cnxh UNDER EACH CATEGORY ADD ANY FACT YOU KNOW ABOUT THE TOPIC en-us 2020-10-01 16:08:20 UTC 2025-10-07 16:44:40 UTC hello@padlet.com Law of demand p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795261354 2020-10-01 16:08:48 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795261354 what shifts the demand curve? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795262126 2020-10-01 16:08:59 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795262126 Law of Supply p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795262747 2020-10-01 16:09:07 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795262747 What shifts the supply curve? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795263115 2020-10-01 16:09:11 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795263115 What does it mean? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795263725 2020-10-01 16:09:18 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795263725 What happens if it isn't in equilibrium? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795264533 2020-10-01 16:09:28 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795264533 How do you calculate it? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795266142 2020-10-01 16:09:49 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795266142 What is it? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795266800 2020-10-01 16:09:58 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795266800 What does the coefficient tell you? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795267836 2020-10-01 16:10:08 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795267836 What is it? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795271544 2020-10-01 16:10:54 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795271544 What does the coefficient tell you? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795272110 2020-10-01 16:11:01 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795272110 What makes something more price elastic? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795272724 2020-10-01 16:11:09 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795272724 What is it? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795273623 2020-10-01 16:11:20 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795273623 What does the coefficient tell you? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795273926 2020-10-01 16:11:24 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795273926 What is it? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795274788 2020-10-01 16:11:34 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795274788 What does the coefficient tell you? p00148498 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795275073 2020-10-01 16:11:37 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795275073 If s1592153 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795764480 2020-10-01 17:54:46 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795764480 Law of Demand https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795772328 As price rises QD falls and vice versa]]> 2020-10-01 17:56:25 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795772328 Law of Supply https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795774970 As price increases QS also increases and vice versa]]> 2020-10-01 17:57:00 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795774970 What are the determinants of PED? s1580182 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795775530 2020-10-01 17:57:07 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795775530 PES s1697409 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795775792 stands for price elasticity of supply 

]]> 2020-10-01 17:57:11 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795775792 Equilibrium https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795777379 When QD and QS are equal and a certain price]]> 2020-10-01 17:57:31 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795777379 What is equilibrium? https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795779865 Equilibrium is the point at which QD and QS are equal or at equilibrium. ]]> 2020-10-01 17:57:59 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795779865 Demand s1549395 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795781984 Some of the determinants of demand include tastes, Income, expectation, and # of consumers ]]> 2020-10-01 17:58:27 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795781984 What are the 6 non-price determinants for supply? s1592153 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795786200 Subsides& taxes
Technology
other related goods
recourses cost
Expectation 
size of the market]]> 2020-10-01 17:59:10 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795786200 Supply s1549395 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795791063 Joint Supply is when the supply of two or more goods are jointed together ]]> 2020-10-01 18:00:13 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795791063 Formula https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795791977 percent change in QD/ percent change in income]]> 2020-10-01 18:00:24 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795791977 Equilibrium s1549395 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795793950 It is when every buyer has a seller and all things are equal ceteris parabus ]]> 2020-10-01 18:00:51 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795793950 XED s1549395 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795799818 If the coefficient is negative the goods are complementary, and if positive it is a substitute ]]> 2020-10-01 18:02:08 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795799818 demand ibanlautaro https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795800725 demand is the quantity hat consumers want to buy and are willing to buy from a buyer

]]> 2020-10-01 18:02:21 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795800725 YED s1549395 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795804657 If the coefficient is positive the goods can be classified as normal goods, and negative is a inferior good ]]> 2020-10-01 18:03:13 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795804657 What is the formula? s1590368 https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795809969 What is the formula?]]> 2020-10-01 18:04:23 UTC https://padlet.com/p00148498/zfw7ll7vacr3cnxh/wish/795809969