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I need help in making an infographics presentation for a project on the LAW OF DEMAND AND SUPPLY, MARKETING EQUILIBRIUM. Please assist me in preparing
I need help in making an infographics presentation for a project on the LAW OF DEMAND AND SUPPLY, MARKETING EQUILIBRIUM. Please assist me in preparing this presentation. I've attached a sample presentation for your convenience.
THE FEDERAL RESERVE BANK OF ATLANTA Supply & Demand How do markets determine prices? MICROECONOMICS Law of Supply Law of Demand There is a direct, or positive, relationship between the There is an itverse or negative relationship price of a good or service and the quamity supplied between the price of a good or service and the of that good or service. quantity demanded of that good or service. Price = P Qs = Quantity supplied Price = P Qd = Quantity demanded +P + t Qs +P +Qd IP +0d Chocolate Bar Supply Curve Chocolate Bar Demand Curve If P4 from $2.00 to $1.60 If Pl from $2.00 to $1.60 Then Ost from 500 to Then Odr from 100 to 400 bars 200 bars. Chore ofate bar suppos Price Price 12.00 40D 500 Quantity 100 200 Quantity Determinants of Supply Determinants of Demand A Input prices A Technology A Income A Prices of related goods 'S S A Number of sellers A Producer A Number of buyers A Consumer expectations expectations A=Change A-Change Shifting the Supply Curve Shifting the Demand CurveStep by Step Solution
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