Examlex
MATCHING
Using the above figure, identify the letter of the choice that best matches the figure.
-#5
Decrease in Demand
A reduction in the quantity of a good or service that consumers are willing and able to purchase at various prices.
Drought in Georgia
A prolonged period of deficient rainfall resulting in water shortage in the state of Georgia.
Substitute Goods
Products or services that can be used in place of each other, where an increase in the price of one leads to an increase in demand for the other.
Demand Increase
A rise in the quantity of a good or service that consumers are willing and able to buy at each price level.
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