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Documents 1 DEMAND LECTURE II. 2 LETS LOOK AT THE COMMODITY WHEAT Price Surplus P 1 Supply P e Demand Q e...

Slide 11 DEMAND LECTURE II Slide 2 2 LETS LOOK AT THE COMMODITY WHEAT Price Surplus P 1 Supply P e Demand Q e Quantity / unit of time Q e Quantity / unit of time Slide 3…

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Slide 1 Chapter 3 Applying the Supply-and- Demand Model Slide 2 Copyright © 2012 Pearson Education. All rights reserved. 3 - 2 Topic How the shapes of demand and supply…