Theme 1 all 0.0 / 5 ? EconomicsallA2/A-levelEdexcel Created by: Emily.waldronCreated on: 16-05-19 09:37 What causes a shift in the demand curve? change in any of the factors 1 of 6 What causes a movement od the demadn curve? change in price 2 of 6 what is a quantity demanded falls because of an incresae in price called? contraction 3 of 6 What is quantity demanded rises due to a decrease in price called? extension 4 of 6 What is the neumonic for the conditions of demand? PIRATES 5 of 6 What is the term for the satisfaction derived from the consumption of an additional unit of a good will decrease as more of a good is consumed? Diminishing marginal utility 6 of 6
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