Demand and Supply. Revisited Along with elasticity, shifters, equilibrium & disequilibrium. The Law of Demand. P. QD. As the Price for a good or service increases, the Quantity Demanded Decreases Example Candy Auction. All of the Prices paired with the Quantities Demanded = Demand
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Along with elasticity, shifters, equilibrium & disequilibrium
What could change this graph? Demanded Decreases Example Candy AuctionChange in Demand
. Equilibrium point
Price Ceiling = Price set below Equilibrium