The determinants of individual ___ are: the price of the good, the level of income, personal tastes, government policies and the price of substitute or complementary goods

If a product is fashionable, its demand ___

If the products are complementary, the higher the price of one of them, the ___ the demand for the other (if the rest of the circumstances are kept constant)

The demand curve usually slopes ___ from left to right

By decreasing the prices of ___ goods, the preference of people to buy them decreases

The supply curve usually slopes ___ from left to right

The greater the availability of the production factors, ___ supply

By agreement it was established that when the elasticity exceeds the value of one, it is said to be ___

The more spare capacity there is an industry, the more ___ it would be to increase production if prices rise

The labor supply curve must start at ___

Any excess of ___ would lead to the price increasing

The ___ cost of time spent traveling is usually calculated as the product of travel time ant the value of travelers' time

In the ___ term, perfectly competitive markets are productively efficient and efficient in allocating scarce productive resources

In perfect competition, in the long term, the arrival of new companies or the expansion of existing ones in the market causes the marginal income curve of each company to shift ___

In Greek, "polein" means ___

In the ___ term it may be good to allow a company to try to monopolize a market

___ results in a new name for the company

___ absorption occurs when a private company that has strong prospects and is eager to grow financially buys a company listed on a stock market

Common examples of ___ competition include markets for restaurants, cereal, clothing, shoes, and business

Oligopolistic markets and industries are at high risk of ___

In perfect competition, each company will produce the quantity that its ___ curve indicates for this price

The price of the land will depend on the ___

The demand for doctors is ___

Developing countries are those that haven't developed to the same levels as the countries of the ___