Education Case Econ08 Ppt 04

1.   2. Chapter Outline 4 Demand and Supply Applications The Price System: Rationing and Allocating Resources Price Rationing Constraints on the Market and Alternative Rationing…

Documents 1 of 23 Lecture 4: Demand and Supply Applications The Price System: Rationing and Allocating...

Slide 1 1 of 23 Lecture 4: Demand and Supply Applications The Price System: Rationing and Allocating Resources Supply and Demand Analysis: An Oil Import Fee Supply and Demand…