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Demand curve shift - PowerPoint PPT Presentation


Economics Review

Economics Review

Economics Review. Do now: Questions from review?? Do Later: Read chapter 17 (first half) and take notes. Review!. 1- What is the difference between scarcity and rarity ? 2- why is it bad to be inside the production Possibility Curve ? 3- How do we use marginal analysis? Explain. Price.

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300 views • 16 slides



Demand review

Demand review

Demand review. Demand graphs can be read in two ways: As price decreases, demand increases As price increases, demand decreases. Demand review. When factors other than price effect the demand- the change in the graph is called a “demand curve shift”

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352 views • 7 slides


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