Supply, Demand and Market Equilibrium Supply, Demand and Market Equilibrium 1 Last edited 3/00 www.biz.uiowa.edu/iem/assignments Demand: Raw data 2 Data provided is atomistic…
Slide 1 Supply and Demand 1.2 Slide 2 Market Economy How are prices determined in a “market economy”? What does the term “market economy” mean? Slide 3 Supply…