Slide 1Role of Prices Economics Koehn/Molter Slide 2 Review A demand schedule shows: – How much consumers are willing to buy a various prices. A supply schedule shows:…
1. Slide 1 of 42 Demand and Supply “Talk is cheap because supply exceeds demand.” -Author Unknown 2. Slide 2 of 42 Demand and Supply As we will learn in this module,…
1. QUIZ 1.______refers to the number of goods and services that consumers are willing and able to buy at alternative prices at a given period of time. 2.-3. The ________as…