English Lessons

Vocabulary Flashcards and Quiz of Negotiating Team Terms in Economic Discussion – English for Economist – Medium Level

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by

Michael Carter
in
Elasticity
How much supply or demand changes with price
Demand
How much customers want a product
Supply
How much product is available
Equilibrium
A balanced state between two forces
Graph
A picture showing data or information

Click a card to flip it and reveal the meaning.

2. Match the words with their meanings
Elasticity
Demand
Supply
Equilibrium
Graph
A balanced state between two forces
How much product is available
How much supply or demand changes with price
A picture showing data or information
How much customers want a product

Drag the cards on the right so each lines up with the correct item on the left.

3. What does “Elasticity” mean?
4. What does “Demand” mean?
5. What does “Supply” mean?
6. What does “Equilibrium” mean?
7. What does “Graph” mean?

Practice more with this lesson: