Ch. 7: How Prices are determined
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Lesduur is: 45 minOnderdelen in deze les
Slide 1 - Tekstslide
What is supply?
A
The willingness to buy at all prices.
B
The willingness to produce at all prices.
C
How much is made.
D
How much is bought.
Slide 2 - Quizvraag
What is demand?
A
The willingness to buy at all prices.
B
The willingness to produce at all prices.
C
How much is made.
D
How much the product will cost.
Slide 3 - Quizvraag
What does the equilibrium point show?
A
The willingness to buy at all prices.
B
The willingness to produce at all prices.
C
How much is made.
D
How much the product will cost.
Slide 4 - Quizvraag
What goes on the y-axis of a graph with demand and supply?
A
p for prices.
B
Q for quantity.
C
t for time.
D
x for amount.
Slide 5 - Quizvraag
What goes on the x-axis of a graph with demand and supply?
A
p for prices.
B
Q for quantity.
C
t for time.
D
x for amount.
