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Supply and Demand at Work

Supply and Demand at Work. Markets bring buyers and sellers together. The forces of supply and demand work together in markets to establish prices. In our economy, prices form the basis of economic decisions. Supply and Demand at Work.

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1. The income of the Chapel Hill townies declines after an early loss during March Madness.

1. The income of the Chapel Hill townies declines after an early loss during March Madness. Price. S. P 1. P 2. D. D 1. Q 2. Q 1. Quantity. 2. Chapel Hill is named one of the most beautiful towns in North Carolina and tourism doubles. Price. S. P 2. P 1. D 1. D. Q 1. Q 2.

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790 views • 12 slides

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Purple ties - PowerPoint PPT Presentation

Supply and Demand at Work

1. The income of the Chapel Hill townies declines after an early loss during March Madness.