1. Demand, Supply & MarketEquilibriumPSDQ 2. Demand A relation between the price of a good and thequantity that consumers are willing and ableto buy during a given…
Slide 1Lesson 7-1 The Marketplace Consumers influence the price of goods in a market economy. -A market represents actions between buyers and sellers. Slide 2 Voluntary Exchange…
Slide 1Ch. 4: Demand Slide 2 Section 1: Understanding Demand Consumers shape markets through their demands. Slide 3 Demand Demand: the desire to own something and ability/willingness…