'Shift supply' presentation slideshows

Chapter 5

Chapter 5. The Law of Supply. The Law of Supply. When prices go up, quantity supplied goes up When prices go down, quantity supplied goes down. Why Does it Work That Way?. Every company has a certain amount of resources

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Why do prices change?

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Chapter 4 - Supply

Chapter 4 - Supply. Law of Supply. As the retail price of a good or service increases, suppliers usually want to supply more. As the retail price of a good/service decreases, supplies usually want to supply less. P ?S? and P?S?. Chap. 4 Vocab. Cont.

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Supply and Demand in Gold Market

Supply and Demand in Gold Market. Deriving Demand Curve P e t +1 is held constant P t ? , g e ? , R e ? ? G d ? Demand curve is downward sloping Deriving Supply Curve P t ? , more production, G s ? Supply curve is upward sloping. Supply and Demand in Gold Market. Market Equilibrium

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