1 / 17

0 1 2 3 4 5 6 7 8 9 10 11 12

100 99 98 97 96 95 94 93 92 91 90. - - - - - - - - - - -. - - - - - - - - - - - -. Price of Apartments ($1000s). Quantity of Apartments. Supply. At a price of $96,000…. …6 apartments are offered for sale.

nodin
Download Presentation

0 1 2 3 4 5 6 7 8 9 10 11 12

An Image/Link below is provided (as is) to download presentation 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. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 100 99 98 97 96 959493929190 - - - - - ------ - - - - - ------- Price of Apartments ($1000s) Quantity of Apartments Supply At a price of $96,000… …6 apartments are offered for sale 0 1 2 3 4 5 6 7 8 9 10 11 12

  2. 100 99 98 97 96 959493929190 - - - - - ------ - - - - - ------- Price of Apartments ($1000s) Quantity of Apartments S1 S2 At a price of $96,000… …8 apartments are offered for sale 0 1 2 3 4 5 6 7 8 9 10 11 12

  3. S2 Price S1 Quantity

  4. 100 99 98 97 96 959493929190 - - - - - ------ - - - - - ------- Price of Apartments ($1000s) Quantity of Apartments At a price of $96,000… …4 apartments are desired by buyers Demand 0 1 2 3 4 5 6 7 8 9 10 11 12

  5. 100 99 98 97 96 959493929190 - - - - - ------ - - - - - ------- Price of Apartments ($1000s) Quantity of Apartments At a price of $96,000… D2 …8 apartments are desired by buyers D1 0 1 2 3 4 5 6 7 8 9 10 11 12

  6. Price D1 D2 Quantity

  7. 100 99 98 97 96 959493929190 - - - - - ------ - - - - - ------- Price of Apartments ($1000s) Quantity of Apartments Surplus S E D Shortage 0 1 2 3 4 5 6 7 8 9 10 11 12

  8. S1 100 99 98 97 96 959493929190 - - - - - ------ S2 - - - - - ------- Surplus E1 Price of Apartments ($1000s) E2 D 0 1 2 3 4 5 6 7 8 9 10 11 12 Quantity of Apartments

  9. 100 99 98 97 96 959493929190 - - - - - ------ - - - - - ------- Price of Apartments ($1000s) Quantity of Apartments S E2 E1 Shortage D2 D1 0 1 2 3 4 5 6 7 8 9 10 11 12

  10. S2 Price S1 D Quantity

  11. S2 Price S1 D Quantity

  12. Nasdaq Composite Stock Index • 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 Year

  13. S2 Price S1 P2 P1 D Q2 Q1 Quantity

More Related