Match Each Term to Its Definition

question 42

Short Answer

Match each term to its definition.
a.distal
f.inferior
b.proximal
g.anterior
c.medial
h.posterior
d.lateral
i.superficial
e.superior
j.deep
-Toward the front of the body

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Definitions:

Downward-Sloping Demand

A fundamental economic principle stating that, ceteris paribus, the quantity demanded of a good falls as the price of the good rises, illustrated by a downward-sloping demand curve.

Equilibrium Quantity

The quantity of goods or services supplied that is equal to the quantity demanded at the market equilibrium price.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded, also known as the market-clearing price.

Equilibrium Quantity

The quantity of goods or services that are supplied and demanded at the equilibrium price, where the amount producers are willing to sell equals the amount consumers are willing to buy.