EC102_Exam_2009
Chapter 3 Principles of Microeconomics, 4 th Edition Instructors Manual.
Increase in demand graphDecrease in demand graph What factors affect demand? Action buttons allow easy access to commonly used slides from any point in.
Action Buttons Allow Easy Access To Commonly Used Slides From Any Point In Presentation.
Hyperppt
Supply and Demand 101. A basic supply and demand curve The vertical axis is PRICEThe vertical axis is PRICE The horizontal axis is QUANTITYThe horizontal.
With Groceries ….. How do the laws of demand interact to establish prices in the economy?
Chapter 3 Supply, Demand, and Price. Determinates of Demand Income –Normal good –Inferior good Preferences Prices of Related Goods –Substitutes –Compliments.
Supply & Demand Chapter 2. Demand Desire, willingness & ability to buy a product Desire, willingness & ability to buy a product Must Must Want to buy.
Chapter 3 Principles of Microeconomics, 4 th Edition Instructor’s Manual
Substitutes and complements
