Case Demand/supply

To the right/left

More /less (Q)

Income decrease

1

2

3

Price of raw materials decrease

4

5

6

Price of competitors decrease

7

8

9

Fill in the blanks with the correct behavior of the demand/supply curves

Type in the number relevant to it's location when answering,

ex: 1= when income decreases, supply will... and demand will...

8= When competitors price decrease, the curve will shift to the

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.