{"id":393,"date":"2018-03-14T16:18:07","date_gmt":"2018-03-14T20:18:07","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/biggars\/?p=393"},"modified":"2018-03-14T16:18:07","modified_gmt":"2018-03-14T20:18:07","slug":"econ-4-1-vocab","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/biggars\/2018\/03\/14\/econ-4-1-vocab\/","title":{"rendered":"Econ 4.1 Vocab"},"content":{"rendered":"<p><strong><u>Econ Chapter 4 Vocab (Demand)<\/u><\/strong><\/p>\n<ol>\n<li>Microeconomics: the study of small units of factors of an economy<\/li>\n<li>Demand \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0627\u062a \u0627\u0644\u0637\u0644\u0628: wanting to buy a product<\/li>\n<li>Demand schedule \u062c\u062f\u0648\u0644 \u0627\u0644\u0637\u0644\u0628: a table economists study demand<\/li>\n<li>Quantity \u0643\u0645\u064a\u0629: the amount of something<\/li>\n<li>Demand curve: shows the quantity of a product at possible prices<\/li>\n<li>Data \u0627\u0644\u0628\u064a\u0627\u0646\u0627\u062a: facts and numbers used to study something<\/li>\n<li>Law of Demand: says consumers will buy more of a product at a lower price and less of a product at a higher price.<\/li>\n<li>sum \u0645\u062c\u0645\u0648\u0639: total (like addition in math)<\/li>\n<li>utility \u062e\u062f\u0645\u0629: being useful or making profit<\/li>\n<li>satisfaction \u0631\u0636\u0627: happy with something<\/li>\n<li>marginal utility \u0631\u0636\u0627 \u0625\u0636\u0627\u0641\u064a: extra satisfaction from having 1 or more of the same product<\/li>\n<li>diminish \u062a\u062e\u0641\u064a\u0636: decrease, less<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Econ Chapter 4 Vocab (Demand) Microeconomics: the study of small units of factors of an economy Demand \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0627\u062a \u0627\u0644\u0637\u0644\u0628: wanting to buy a product Demand schedule \u062c\u062f\u0648\u0644 \u0627\u0644\u0637\u0644\u0628: a table economists study demand Quantity \u0643\u0645\u064a\u0629: the amount of something Demand curve: shows the quantity of a product at possible prices Data \u0627\u0644\u0628\u064a\u0627\u0646\u0627\u062a: facts and numbers [&hellip;]<\/p>\n","protected":false},"author":2107,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-393","post","type-post","status-publish","format-standard","hentry","category-econ"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts\/393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/users\/2107"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/comments?post=393"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts\/393\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/media?parent=393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/categories?post=393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/tags?post=393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}