Market Forces: Demand and Supply
An investigation into the laws of demand and supply and how they interact to determine market equilibrium. Students will model price changes based on market shifts.
About This Topic
An investigation into the laws of demand and supply and how they interact to determine market equilibrium. Students will model price changes based on market shifts.
Key Questions
- What factors cause a shift in the demand curve?
- How do producers respond to changes in price?
- How is market equilibrium achieved?
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