Week Two Chapter 3-1 Example

Week Two Chapter - Notice that in 2003 there was a drop in price and a subsequent rightward shift in demand and supply of laptops D200 D199 S1999

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3a P p1999 p2003 0 Q1999 Q2003 Q (laptops) This graph shows where demand was at a price for laptops in 1999 and the subsequent demand for laptops at the price.
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Unformatted text preview: Notice that in 2003 there was a drop in price and a subsequent rightward shift in demand and supply of laptops. D200 D199 S1999 S2003...
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This note was uploaded on 06/22/2011 for the course ECON 141 taught by Professor Doug during the Spring '09 term at Park.

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