Part1. Matching Type: Match the items in Column A with the descriptions in Column B by writing the letter on the answer sheet provide below. A B 1. Profit a. He demand for goods and services 2. Market b. Higher demand, less supply 3. Equilibrium c. The main goal of firm 4. Shortage d. A state of balance 5. Satisfaction e. The place where buyers and sellers trade 6. Increase in demand f. When demand curve shift to left 7. Increase in supply g. When demand curve shifts to the right 8. A fall in demand h. When supply curve shifts to the right 9. Decrease of supply i. When demand curve shifts to left 10. If there is surplus j. Price ceiling 11. Consumer k. Forces that affect the slope of demand 12. Changing income 1. Floor price 13. Technological change m. Forces that affect the slope of supply 14. Change of expectation n. The main goal of consumers 15. Population change 16. Weather condition 17. If there is short 18. Taste of preference 19. Factors of production 20. Substitute goods 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20