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DO NOW: Interpret the image below. DO NOW: Interpret the image below.

DO NOW: Interpret the image below. - PowerPoint Presentation

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Uploaded On 2018-12-17

DO NOW: Interpret the image below. - PPT Presentation

AIM What is the Law of Supply What is the Law of Demand What is Demand Buyers have to be w illing and able to purchase a product at a particular price The Law of Demand as prices fall the quantity demanded increases As prices rise the quantity demanded decreases ID: 742810

change price demand quantity price change quantity demand demanded supply equilibrium good elasticity curve falls rises shortage elastic law

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