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…

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…

Supply & Demand cont. How do supply and demand work together? PRICINGâ¦. â¦is determined by the pressure that is created between suppliers and consumers. â¦where…

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)…

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…

Markets EFL: Lesson 3 Markets 1 Consumers in Markets Demand = Desire for a product Willingness and ability to pay for it 2 Price As An Incentive for Consumers Demand for…