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15 cards from this deck
Other things being equal
Consumers must be willing AND able to purchase a good
Goods consumed together (complements)
Goods competing as substitutes
Good required for multiple purposes
Goods consumed when better alternatives unaffordable
Inverse relationship: price ↑, quantity demanded ↓
Changes in price of the good itself
Price ↓, quantity demanded ↑ (move down curve)
Price ↑, quantity demanded ↓ (move up curve)
Quantity single consumer will purchase at various prices
Total quantity all consumers will purchase (horizontal summation)
Printers and ink cartridges
Tea and coffee
Right (D1 to D2)
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