Supply and Demand 1. 2 3 DEMAND DEFINED What is Demand? Demand is the different quantities of goods that consumers are willing and able to buy at different.
Unit 2: Demand, Supply, and Consumer Choice 1. DEMAND DEFINED What is Demand? Demand is the different quantities of goods that consumers are willing and.
Unit 1-6: Basic Economic Concepts 1. DEMAND DEFINED What is Demand? Demand is the different quantities of goods that consumers are willing and able to.
Unit 2: Supply, Demand, and Consumer Choice 1. Connection to Circular Flow Model 1.Do individuals supply or demand? 2.Do business supply or demand? 3.Who.
Unit 2: Supply, Demand, and Consumer Choice Length: 3 Weeks Chapters: 3, 20, and 21 Activity: Pearl Exchange Assignment: PS #2 1.
Unit 1 Basic Economic Problems. Our wants are UNLIMITED but resources are LIMITED……… So there is SCARCITY Hence we have to make CHOICES.
Unit 4: Demand 1 Copyright ACDC Leadership 2015. Chicken Wing Video 2.
Connection to Circular Flow Model 1.Do individuals supply or demand? 2.Do business supply or demand? 3.Who demands in the product market? 4.Who supplies.
Supply and Demand 1. This is the most important cow all year! 2.
Unit 2: Supply, Demand, and Consumer Choice Length: 3 Weeks 1.