This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Know which way the graph moves Equilibrium prices and quantity Price ceiling/floors Market for labor How to cal. Labor stats (from the homework) Elastic/inelastic Hints he gave in class: The $8,000 tax credit went to the buyers, therefore it effected the DEMAND curve (tax credits effect the demand curve) Demand=buyers Supply=sellers...
View Full Document