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Most notebook computers come with a touchpad, a small, flat, rectangular pointing device near the keyboard that allows you to move the pointer by sliding a fingertip on the surface of the pad. Such a device is shown in the accompanying figure.
Entrance Fee
A charge for admission, often paid at the entrance of a facility, event, or establishment.
Price Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in its price; it quantifies the sensitivity of demand relative to price changes.
Percent Change
A mathematical calculation that describes the degree of change over time, expressed as a percentage.
Demand Curve
A graphical representation of the relationship between the price of a good and the quantity demanded for a given period.
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