A66C20D5-3B16-4999-93D1-CABCF87C083E.jpeg - Market Clearing brice Equilibrium Change in Quantity supplied shortage Q D7 Qs A = Q 200 1 087 11 8 Secrets

A66C20D5-3B16-4999-93D1-CABCF87C083E.jpeg - Market Clearing...

This preview shows page 1 out of 1 page.

Image of page 1

Unformatted text preview: Market Clearing brice - Equilibrium. Change in Quantity supplied shortage _ Q D7 Qs . A = Q , 200 ( 1 , 087 ) 11 / 8 Secrets! I JAbut ? Sellers Events other them bible shift Left to` Price change Input Prices ( Facto . `` Prod . ) Ser techemploy Capectations Jeffer Rout number of schers_ Faxes and subsidies [Government] Change in Subly Evements cause to change shift right or If ``` SiLets ^# / 6/ 17 _ Price filling set the maximum legal file a seller may charipe for a product or Service PB - A brice at or bellow the calling is look, a price above is` not . Price ceilling Grate shortage . - Rationale . PC enable consummers to do lar, an essential` food or service not offer dable at Epilibrium brice Floor Price floors { Minimum brice `axed by the jevernment , It broke at or above the brice floor is legal. A bride below is not , Prize / lovers` create a / surplus Surplus_ excess of production or supply....
View Full Document

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask 0 bonus questions You can ask 0 questions (0 expire soon) You can ask 0 questions (will expire )
Answers in as fast as 15 minutes