AP Macroeconomics Demand and Supply. Price and Quantity Price – the amount of money paid for an economic good/service – Ex. A gallon of gasoline has a.
Chapter 04.econ 100
1 Ch. 3: Supply and Demand: Theory James R. Russell, Ph.D., Professor of Economics & Management, Oral Roberts University ©2005 Thomson Business & Professional.
1 Chapter 3 Market Supply and Demand ©2002 South-Western College Publishing Key Concepts Key Concepts Summary Practice Quiz Internet Exercises Internet.
Topic 2 (a) Demand & Supply Module 2 Topic 1. Demand & Supply 1. Demand 2. Supply 3. Market Equilibrium 4. Consumer & Producer Surplus.
Demand. Terms to know: The law of demand 1 Demand function 2 Demand schedule 3 Diagramatical representation 4 Elasticity of demand 7 Changes in Demand.
FUNDEMENTALS OF ECONOMICS
Demand Curve
