3.02Interpret the theory of supply and demand. Supply vs. Demand Supply- the amount Producers are willing and able to produce and sell. Supply- the amount.
Bachelor microeconomics (seminars) Petr Wawrosz. The demand side of the Market The demand curve: Relationship between price (independent variable, vertical.
PRODUCER AND CONSUMER SURPLUS Colander 8 th ed Ch. 8 (179 – 180) Colander 9 th ed Ch. 7 Baumol Ch. 5 (94-96) 1.
