a decrease in the price of blistering blue bottles

an increase in the price of blistering blue bottles

a change in consumer preferences toward perfectly pink pitchers rather than blistering blue bottles

an expectation by buyers that their incomes will increase soon

a decrease in demand.

an increase in demand.

a decrease in quantity demanded.

an increase in quantity demanded.

determined solely by the number of buyers and sellers in the market.

a summation of individual demand curves.

not responsive to change in tastes and preferences.

a summation of individual supply curves.

When the price of a good decreases, buyers purchase more of the good.

When income levels increase, buyers purchase more of most goods.

When buyers’ demands for a good increase, the price of the good increases.

When buyers’ tastes for a good increase, they purchase more of the good.

the same thing as a production possibilities frontier, except the axes are labeled differently.

a line that relates the price to quantity demanded.

a line that relates income to quantity demanded.

a line that will shift only if the price of a related good changes.

decreases the quantity demanded of the other good.

increases the quantity demanded of the other good.

increases the demand for the other good.

decreases the demand for the other good.

inferior good.

luxury good.

normal good.

complementary good.

decreases the quantity demanded of the other good.

increases the quantity demanded of the other good.

increases the demand for the other good.

decreases the demand for the other good.

the demand curve for cool drinks to shift to the left.

a movement downward and to the right along the demand curve for tank tops.

the demand for air conditioners to decrease.

the demand for jackets to decrease.

supply.

demand.

a market.

competition.