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Documents 6/5/2014CRC Microeconomics1. 6/5/2014CRC Microeconomics2 What did you study last time? Chapter 5...

Slide 16/5/2014CRC Microeconomics1 Slide 2 6/5/2014CRC Microeconomics2 What did you study last time? Chapter 5 Elasticities & Applications Elasticities Applications Slide…

Documents Chapter 6 – Price Cutler – Economics. BELLRINGER What would happen if the government decided gas...

Slide 1Chapter 6 – Price Cutler – Economics Slide 2 BELLRINGER What would happen if the government decided gas prices should be lowered by $2.50 per gallon? Slide 3 Section…

Documents Increases and Decrease in Demand Higher demand leads to higher equilibrium price and higher...

Slide 1 Slide 2 Increases and Decrease in Demand Higher demand leads to higher equilibrium price and higher equilibrium quantity supplied Lower demand leads to lower equilibrium…

Documents 1 Chapter 6 Price Ceilings & Price Floors 6/5/2014 © ©1999 South-Western College Publishing...

Slide 1 Slide 2 1 Chapter 6 Price Ceilings & Price Floors 6/5/2014 © ©1999 South-Western College Publishing Principles of Economics 2nd edition by Fred M Gottheil PowerPoint…

Documents The Gilded Age The Gilded Age also known as the Golden Age But was it really Golden??? What would...

Slide 1 Slide 2 The Gilded Age The Gilded Age also known as the Golden Age But was it really Golden??? What would cause it to NOT be Golden? Corruption… political scandal……

Documents Dr. Romeyn The Bullis School. The Gilded Age What led to the massive wealth and economic growth that...

Slide 1Dr. Romeyn The Bullis School Slide 2 The Gilded Age What led to the massive wealth and economic growth that characterized this time period? Who was left out financially?…

Documents The Great Depression. Business Cycle Economic Prosperity Falling Prices Economic Depresstion Rising....

Slide 1The Great Depression Slide 2 Business Cycle Economic Prosperity Falling Prices Economic Depresstion Rising Prices Bull Market Bear Market Slide 3 Bear Market: A general…

Documents 5 EFFICIENCY AND EQUITY © 2012 Pearson Addison-Wesley.

Slide 1 Slide 2 5 EFFICIENCY AND EQUITY Slide 3 © 2012 Pearson Addison-Wesley Slide 4 Every time you order a pizza or buy a Valentines Day rose, you express your view about…

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…

Documents Go Ahead…Take A Guess!!. Prices convey information to both. What do high and low prices tell each?...

Slide 1Go Ahead…Take A Guess!! Slide 2 Prices convey information to both. What do high and low prices tell each? Prices help answer the (3) economic questions What do prices…