Match the terms on the left with the explanations on the right.

Market Demand curve	Answer 1 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Normal Goods	Answer 2 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Inferior Goods	Answer 3 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
A graphed series of prices and quantities of a selected good results in a downward sloping _______	Answer 4 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
A graphed series of prices and quantities of a selected good results in a UPWARD sloping _______	Answer 5 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Change in Quantity Demanded	Answer 6 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Some describe this role as one that is a risk taker	Answer 7 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
One example of a Capital good	Answer 8 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Specialization	Answer 9 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Factors of production	Answer 10 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Technological improvement	Answer 11 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Scarcity	Answer 12 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
Change in Demand	Answer 13 Question 7Choose...Demand curveSupply curveTemporary movement along a demand curve in response to a "sale price"Opportunity costsA corporate managerA fall in income will lead to decreased consumption of this type of "good".Complete "shift" of the demand curve to left or rightVertical summation of the individual demand curvesHorizontal summation of the individual demand curvesLand, Labour, Capital and EnterpriseA factoryNone of the available choicesThe shareholderShifts the PP curve to the rightGoods for which a rise in income will lead to decreased consumptionKey advantages of tradeForces choiceChoices costLong term description of movement "along" a demand curve in response to a "sale price"The employee
When interpreting the NEXT best alternatives we use the term	Answer 14 Question 7