Marketforces 120430192118-phpapp02
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This document discusses the economic concepts of supply and demand. It includes figures and tables that illustrate supply and demand schedules, how individual demands combine to form market demand, shifts in the supply and demand curves, factors that influence buyers and sellers, equilibrium of supply and demand in markets, disequilibrium, and how changes in supply and demand curves affect equilibrium price and quantity.
Marketforces 120430192118-phpapp02
- 1. 2 SUPPLY AND DEMAND I: HOW MARKETS WORK
- 2. The Market Forces of 4 Supply and Demand Copyright ? 2004 South-Western
- 3. Figure 1 Catherine¡¯s Demand Schedule and Demand Curve Copyright ? 2004 South-Western
- 4. Figure 2 Market Demand as the Sum of Individual Demands Copyright ? 2004 South-Western
- 5. Figure 3 Shifts in the Demand Curve Copyright ? 2004 South-Western
- 6. Table 1 Variables That Influence Buyers Copyright?2004 South-Western
- 7. Figure 4 Shifts in the Demand Curve versus Movements along the Demand Curve Copyright ? 2004 South-Western
- 8. Figure 5 Ben¡¯s Supply Schedule and Supply Curve Copyright ? 2004 South-Western
- 9. Figure 6 Market Supply as the Sum of Individual Supplies Copyright ? 2004 South-Western
- 10. Figure 6 Market Supply as the Sum of Individual Supplies Copyright ? 2004 South-Western
- 11. Figure 7 Shifts in the Supply Curve Copyright ? 2004 South-Western
- 12. Table 2 Variables That Influence Sellers Copyright?2004 South-Western
- 13. Figure 8 The Equilibrium of Supply and Demand Copyright ? 2004 South-Western
- 14. Figure 9 Markets Not in Equilibrium Copyright ? 2004 South-Western
- 15. Table 3 The Three-Step Program for Analyzing Changes in Equilibrium Copyright?2004 South-Western
- 16. Figure 10 How an Increase in Demand Affects the Equilibrium Copyright ? 2004 South-Western
- 17. Figure 11 How a Decrease in Supply Affects the Equilibrium Copyright ? 2004 South-Western
- 18. Figure 12 A Shift in Both Supply and Demand Copyright ? 2004 South-Western
- 19. Table 4 What Happens to Price and Quantity When Supply or Demand Shifts? Copyright?2004 South-Western