PPT-Mercury supply, demand and trade in

South East and East Asia Sven Hagemann GRS Asia Pacific AP Regional Mercury Storage Project Executive Committee Execom Meeting 2930 July 2011 Surabaya Indonesia Overview What is . © Peter . Berck . 2012. Lecture Outline. Goods. People Demand Goods; . Shift in demand. Firms . Supply Goods; . Keep Supply and Demand Separate. Demand and Supply intersect at the equilibrium price and . A relationship between price and quantity demanded in a given time period, . ceteris paribus. .. Quantity demanded. . - . the quantity that a buyer is:. ready. willing. able to buy. .. Demand. Demand schedule. , Venus, . Mars. Part I. Lecture 20. Observing Mercury and Venus from . Earth. Elongations of Mercury. Mercury . moves around the Sun every 88 days in a rather eccentric orbit. As seen from the Earth, the angle between Mercury and the Sun at greatest eastern or western elongation can be as large as 28° (when Mercury is near aphelion) or as small as 18° (near perihelion). By contrast, Venus follows a larger, nearly circular orbit with a 224.7-day period. The angle between Venus and the Sun at eastern or western elongation is 47°.. Chapter 4. Outline. Equilibrium and the Adjustment Process. A Free Market Maximizes Producer . Plus Consumer . Surplus (the Gains from . Trade. ). Does the Model Work? Evidence . from the . Laboratory. Introduction to Demand. In the United States, the forces of supply and demand work together to set prices. . Demand. is the desire, willingness, and ability to buy a good or service.. one individual consumer OR. The Basic Decision-Making Units. A . firm. is an organization that transforms resources (inputs) into products (outputs). Firms are the primary producing units in a market economy.. An . entrepreneur. Today:. Aggregate demand. Why is it downward sloping?. Factors that affect the aggregate demand. Aggregate supply. Long-run aggregate supply. Short-run aggregate supply. Why is it upward sloping?. Factors that affect the short-run aggregate supply. 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. 5.2 How Do Demand and Price Interact?. Demand. . is what people are willing and able to buy at various prices.. • Quantity demanded is a specific amount an individual is willing and able to . buy at . Essential Question:. What are demand and supply, and what factors influence them?. Demand and price. Demand comes at a price. . Burger. . . Quantity. demanded . – amount of a good/service consumers are willing to pay . price. Demand. Desire to want something and the ability to pay for it. Law of Demand. When the price of goods goes down, then demand goes up and if the price goes up, then demand goes down. Graphing Demand. methylation. creates . methylmercury. .. Introduction. . Mercury has an affect on everything. Between soil on land, and sediment in water, sediment contains more mercury from being in the contaminated water.  Mercury has a huge effect on organisms. When mercury from power plants goes into the air, the mercury falls from the clouds when it rains, and lands in water, on the ground, and pollutes everything. Mercury affects how quickly organisms move, and makes them less tolerant to diseases, or harmful things. Mercury affects many different systems throughout the organism's body. (Mercury and health). 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?. Demand and Supply are . most fundamental concepts of economics and it is the backbone of a market . economy.  . Demand . refers to how much (quantity) of a product or service is desired by buyers. .