Chapter Five: Supply
1.3 Prices, Supply, and Demand Compare how supply, demand, price, equilibrium, elasticity, and incentives affect the workings of a market.
1.3.1 Supply And Demand – use the laws of supply and demand to explain household and business behavior.
1.3.2 Price, Equilibrium, Elasticity, and Incentives – analyze how prices change through the interaction of buyers and sellers in a market, including the role of supply, demand, equilibrium, and elasticity, and explain how incentives (monetary and non-monetary) affect choices of households and economic organizations.
1.3.1 Supply And Demand – use the laws of supply and demand to explain household and business behavior.
1.3.2 Price, Equilibrium, Elasticity, and Incentives – analyze how prices change through the interaction of buyers and sellers in a market, including the role of supply, demand, equilibrium, and elasticity, and explain how incentives (monetary and non-monetary) affect choices of households and economic organizations.
Chapter 5: Supply | |
File Size: | 5758 kb |
File Type: |
Ch. 5 Concise PP | |
File Size: | 1242 kb |
File Type: |