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Demand meet - PowerPoint PPT Presentation

Economics

Economics. Economics. -Economics -the system that society uses to produce and distribute goods and services -Why study economics??? -Why does the government pay so much attention to the economy???. Wants and Needs. -Wants are the things which people would like to have

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1.47k views • 117 slides

Supply and Demand

Supply and Demand. And the Lakers!! Economics, January 14, 2014. More on the Theory. Why? Generally speaking, the price of something will go up if the demand goes up. Why? Because the seller thinks he or she can get more money for whatever he or she is selling. The Theory.

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511 views • 28 slides

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Demand meet - PowerPoint PPT Presentation

Economics

Supply and Demand