Documents 3 Prepared by: Fernando Quijano and Yvonn Quijano © 2004 Prentice Hall Business...

Slide 1 3 Prepared by: Fernando Quijano and Yvonn Quijano © 2004 Prentice Hall Business PublishingPrinciples of Economics, 7/eKarl Case, Ray Fair Demand, Supply, and Market…

Documents Demand and Supply56

Chapter 3: Demand, Supply, and Market Equilbrium 7 of 48 Input Markets and Output Markets: The Circular Flow Input or factor markets are the markets in which the resources…