'Price ceiling rent control' presentation slideshows

Price ceiling rent control - PowerPoint PPT Presentation

Market Model

Market Model

Market Model. Supply and Demand. Markets. Institutions that allow buyers and sellers to exchange Demand Supply Examples Posted-price Haggling Auctions. Equilibrium Price/Quantity. Demand Curve. Demand: how much consumer are willing and able to buy at different prices. Pepsi Auction.

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627 views • 61 slides
Supply, Demand, and Government Policies

Supply, Demand, and Government Policies

6. Supply, Demand, and Government Policies. Controls on Prices. How price ceilings affect market outcomes Price ceiling Legal maximum on the price at which a good can be sold Not binding Above the equilibrium price No effect Binding constraint Below the equilibrium price Shortage

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412 views • 36 slides
Supply, Demand, and Government Policies

Supply, Demand, and Government Policies

6. Supply, Demand, and Government Policies. Controls on Prices. How price ceilings affect market outcomes Price ceiling Legal maximum on the price at which a good can be sold Not binding Above the equilibrium price No effect Binding constraint Below the equilibrium price Shortage

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319 views • 31 slides
Supply, Demand, and the Price System

Supply, Demand, and the Price System

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453 views • 28 slides
Supply, Demand, and Government Policies

Supply, Demand, and Government Policies

6. Supply, Demand, and Government Policies. Controls on Prices. How price ceilings affect market outcomes Price ceiling Legal maximum on the price at which a good can be sold Not binding Above the equilibrium price No effect Binding constraint Below the equilibrium price Shortage

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175 views • 15 slides
Supply, Demand, and Government Policies

Supply, Demand, and Government Policies

6. Supply, Demand, and Government Policies. Controls on Prices. How price ceilings affect market outcomes Price ceiling Legal maximum on the price at which a good can be sold Not binding Above the equilibrium price No effect Binding constraint Below the equilibrium price Shortage

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159 views • 15 slides

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