Chap 010
Microeconomics Lesson 2. Topics 1. Homework 2. Review Supply and Demand 3. Floors and Ceilings 4. Elasticity 5. Consumer Choice.
KRUGMAN'S MICROECONOMICS for AP* Utility Maximization Margaret Ray and David Anderson Micro: Econ: 15 51 Module.
“Ya can’t always get want ya want…” Mick Jagger, The Rolling Stones, 1969 12.1 Students understand common economic terms and concepts and economic reasoning.
Economic Decision Making Part B Ms. Ramos Alta Loma High School.
Utility and Demand CHAPTER 7. After studying this chapter you will be able to Explain what limits a household’s consumption choices Describe preferences.
