Unit 4:  Supply, Demand, Price

Introduction...
Vocabulary:
  • Supply
  • Demand
  • Equilibrium
  • Quantity Supplied
  • Quantity Demanded

Key Concepts:
  • Supply Graphs represent the perspective of the SELLER
  • Demand Graphs represent the perspective of the BUYER

Demand... The BUYER's perspective

Supply... The SELLER's perspective

Mr. J's YouTube Playlist!