Define Cross Price Elasticity of Demand (XPed)

Define Income Elasticity of Demand (Yed)

Define Price Elasticity of Supply (Pes)

Define Price elasticity of Demand (Ped)

Define the term Demand

Putline the relationship between price and demand

What is the Economic Problem?

What are the factors of production?

Define the term Externalities

Define the term Scarcity

Define the term Opportunity Cost

Define the term Supply