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Consumers in Markets desire for a product willingness and ability to pay for it + Demand = Economics for Leaders The Law of Demand If P then QD and If P then QD Note: What…

Documents Economics for Leaders 3/8/12 BR: Explain how “substitution” works Today: Finish yesterday.

Consumers in Markets desire for a product willingness and ability to pay for it + Demand = Economics for Leaders The Law of Demand If P then QD and If P then QD Note: What…

Documents Economics for Leaders 2/25/15 BR: 1.Think about the law of demand. Why would consumers...

To Do: Pick up notes/work from yesterday Review âshiftersâ or law of demand (add MERIT to notes) Work in small groups on reasons for change in demand assignment (see next)…

Documents Economics for Leaders 2/23/15 BR: What happens to the price of a product that nobody wants? What...

To Do: Pick up the reading and write out terms as we read. Answer review questions. - Keep the paper as we take notes and then hand in at the end of class. Consumers in Markets…