CHAPTER 7: DEMAND AND SUPPLY Economics Per. 6. The Marketplace Demand: All consumers have influence on the price of goods and services How people in the.
Slide 1 Copyright © Pearson Education, Inc.Chapter 5, Opener Essential Question CH5: SUPPLY How do firms/suppliers decide what goods and services to offer?
Chapter 2: Economic Systems & Resource Allocation.
Supply. NOTES 11/5 The amount of a product that would be offered for sale at all possible prices SUPPLY.
With demand, you were the consumer! With supply, you are the producer… the entrepreneur… the business owner… You are trying to make a PROFIT!!!
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Supply. Objectives SWBAT explain how supply shifts and affects price.
