October 18, 2009
Here are a couple of videos which explain how demand is determined, and how it is graphed: An interesting article about the changes in demand for peanuts following a salmonella outbreak. Gold demand increases in India before festivals. As consumer demand and consumption increase in China, they are left with a stinky problem. What happens [...]
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October 18, 2009
Understanding Demand: Chapter 4, Section 1… NOTES Shifts of the Demand Curve: Chapter 4, Section 2… NOTES Note-Making Questions for Chapter 4, Section 2: 1.) Provide examples of normal and inferior goods from your life. Explain how your income relates to your purchases. 2.) Think of multiple examples from your life of goods which are [...]
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