Slide 1 Slide 2 Unit 2: Supply, Demand, and Consumer Choice Can they see me? Slide 3 Demand Slide 4 DEMAND What is Demand? Demand is the different quantities of goods that…
Slide 1 Demand: Elastic and Inelastic Slide 2 What couldn’t you live without? Slide 3 Price Elasticity Price Quantity You will pay anything to drink….Which is why Governments…
Demand Chapter 3 What is demand? The willingness and ability to purchase a good or service Demand = Willingness and ability to purchase The Law of Demand As a price of a…