Supply and Demand

Supply and Demand

Review supply and demand

  • Discussion: the impact of price
  • Discussion: the point of equilibrium and equilibrium curves
  • Discussion: break even point
  1. Preparing supply and demand charts to determine the POINT OF EQUILIBRIUM (IBT must complete using spreadsheet software) – see below (#3)
  2. Submit the charts at the end of class or complete for homework and submit on Tuesday
  3. Download (PDF, 25KB)