CHAPTER # 5 QUIZ - DEMAND

IN THIS CHAPTER WE ARE INTRODUCED TO MARKETS AND HOW DEMAND / CONSUMPTION IS MEASURED :

LAW OF DEMAND , CETERIS PARIBUS , TYPES OF MARKETS , ELASTICITY , CAUSES OF DEMAND SHIFTS - POPULATION / ADVERTISING / CONSUMER EXPECTATIONS / SUBSTITUTION EFFECT / INCOME EFFECT , NORMAL AND INFERIOR GOODS , COMPLEMENATRY GOODS