Section 4 |
Price Determination
This section focuses on how the market forces of supply and demand create an equilibrium price.
L16_-market-equilibrium-(3).pptx14. Market Equilibrium
15. Functions of the Price Mechanism
L17_-functions-of-the-price-mechanism.pptxL18_-law-of-diminishing-marginal-utility.pptx16. Marginal Utility
17. Taxes & Subsidies
L19_-indirect-tax---subsidies-(1).pptx