Documents Chapter 6: Prices Section 1. Objectives 1.Explain how supply and demand create equilibrium in the...

Slide 1Chapter 6: Prices Section 1 Slide 2 Objectives 1.Explain how supply and demand create equilibrium in the marketplace. 2.Describe what happens to prices when equilibrium…

Documents SUPPLY, DEMAND, AND GOVERNMENT POLICIES. Overview Economists have two roles: 1.As scientists, they.....

Slide 1 SUPPLY, DEMAND, AND GOVERNMENT POLICIES Slide 2 Overview Economists have two roles: 1.As scientists, they develop and test theories to explain the world around them.…