Documents FALL 2013 Shifting Supply, Demand, and Equilibrium.

Slide 1FALL 2013 Shifting Supply, Demand, and Equilibrium Slide 2 Reasons for Changes in Demand Assume that Demand Curve B represents the baseline (original) annual consumption…

Documents Questions on Demand, Supply, Price. What is the law of demand states.

Slide 1Questions on Demand, Supply, Price Slide 2 What is the law of demand states Slide 3 As price goes up, demand goes down and as price goes down, demand goes up. This…