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Unformatted text preview: Notes File Edit t Format View Window Help 97% Wed 1:28 AM 88 Aa Lo Qv Search iCloud Economic Notes 4 September 25, 2017 at 4:46 PM All iCloud 9/25/17 Supply- a relatio Notes Economic Notes 4 Notes sdfvbnm Video Production Notes Supply- a relationship between a price of a good and the quantity that producers are willing and able to sell during a given period. Recently Deleted 9/25/17 The lens system... Notes . Law of Supply- the quantity of a good supplied during a given period is usually directly related to its price. On My Mac Audio Movie Trailer Pr... Supply Curve- A curve showing the relation between the price of a good and the quantity supplied during a given period. Notes 9/25/17 60 seconds Notes Quantity Supplied- The amount offered for sale at a particular price, as reflected by a point on a given supple curve. Google . Individual Supply- the supply of an individual producer. Notes Exam 9/21/17 Notes, case studi... Market Supply- the sum of individual supplies of all producers in the market. Notes . Relevant Resources- Resources used to produce the good in question. Digital Video 9/21/17 Video Ideas... Alternative Goods- Other goods that use some or all of the same resources as the good in question. Notes .Movement Along A Supply Curve- Change in quantity supplied resulting from a change in the price of the good. Audio Notes 9/21/17 Compression Shift Of A Supply Curve- Movement of supply curve left or right resulting from a change in one of the determinants of supply other than the price of the good. Notes Transactions Costs- The cost of time and information required to carry out market exchange. Password for Apple ID 8/12/17 Uglyass97 Surplus- At a given price, the amount by which quantity demanded: a surplus usually forces the price down. Notes Shortage- At a given price, the amount by which quantity demanded exceeds quantity supplied: a shortage usually forces the price up. Registration Complete Equilibrium- The condition that exists in a market when the plans of buyers match those of sellers, so quantity demanded equals quantity supplied and the market clears. 4/2/17 Name Janise H... Notes Disequilibrium- The condition that exists in a market when the plans of buyers do not match those of the sellers; a temporary mismatch between quantity supplied and quantity demanded as the market seeks equilibrium. 2017 Rules and Eligibil 4/2/17 competition consti... Price Floor- A minimum legal price below which a good or service cannot be sold: to have an impact, price floor must be set above the equilibrium price. Notes . Price Ceiling- A maximum legal price above which a good or service cannot be sold: to have impact, a price ceiling must be set below the equilibrium price. 2017 Radio Mercury A... 4/2/17 Entry Form Notes IMPS2 MEDIA NOTES 2/2/17 H264 EXPORT Notes Film Structure New Folder 2/1/17 Find and describe... Notes Hm 4 2 9 0 1 4 0 QW P X 5 P S Pr Au...
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