PPT-Demand Curve Q = 5000 – 10P

Find equation for Total Revenue Find equation for Marginal Revenue Q 5000 10P Find price and quantity at which Total Revenue is maximized What is the level of maximum revenue Demand Curve. A table showing how much of a good or service consumers will want to buy at different prices. See pg. 50; Figure 5.1. Demand Schedule. Demand Curve – A graphical representation of the demand schedule. The Curve and the Determinants. The Investment Demand Curve. This curve shows the amount of investment forthcoming at each real interest rate. . The main determinants of investment are the . expected rate of return and the real interest rate. . Aggregate Demand. Aggregate Demand slopes downward like other demand curves, but for different reasons.. Aggregate Demand. An increase in the aggregate price level will cause real spending to decrease. This is seen as a movement upward along a given AD curve. Review test grades and questions. Begin Chapter 5 – Supply and Demand. Supply and Demand activities. You will…. Understand what demand and supply are. How to chart them and understand charts. What affects each of them and how. 1. 4 Demand, Supply, and Equilibrium. 4.1 Markets. 4.2 How Do Buyers Behave?. 4.3 How Do Sellers Behave?. 4.4 Supply and Demand in Equilibrium. 4.5 What Would Happen if the Government Tried to Dictate the Price of Gasoline. Objectives . Students will…. . Examine the relationship between price and quantity demanded. . Analyze how demand schedules relate to demand curve. . Draw and explain shifts in demand curves. How prices are determined (big picture). Turn in your demand homework from Thursday. *1. st. place has traded 38 total times!. *but, last place has traded 34 times… . DEMAND. Recap:. What’s diminishing marginal utility?. The extra satisfaction we get form using additional quantities of the product begins to decline . Click here. to enter….. What is supply?. What is a supply curve shift?. Why are people so demanding?. What could cause a demand curve shift?. To learn about the. topics, click on the . word bubble... Reasons for Changes in Demand. Assume that Demand Curve B represents the baseline (original) annual consumption of U.S.-made cars.. For each of the following scenarios, decide: . Will this event cause a shift in the demand curve?. In this lesson, students will identify factors which can cause a demand curve to shift.. Students will be able to define and/or identify the following terms:. Ceteris Paribus. Shifts in the Demand Curve. Agenda. Bell Ringer: CBM #3 (Chapters 5 and 6). Preview – How much are you willing to pay?. The Law of Demand . and . Demand Shifters. Activity . – Demand . headlines. Exit Ticket – Find your own!. Prepared by Anindita Chakravarty. INTRODUCTION. The kinked demand curve of oligopoly was developed by . Paul M. . Sweezy. in 1939. . The model advocates that the . behavior of oligopolistic organizations remain stable . Explain. the law of demand and how a demand schedule is represented in a demand curve. . Understand. the difference between and individual and a market demand curve.. Law of Demand. Key Terms. Demand. 1-What is a “change in the quantity demanded”. ?. The movement along the demand curve showing that the amount someone is willing to purchase changes when the price changes. .. 2-Explain the “. Income Effect.