Economy Supplyand Demand
-
Upload
amytoothman -
Category
Education
-
view
171 -
download
0
Transcript of Economy Supplyand Demand
![Page 1: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/1.jpg)
![Page 2: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/2.jpg)
Is not just moneyIt’s about money.
![Page 3: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/3.jpg)
Buying and Selling
![Page 4: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/4.jpg)
Did you know …
![Page 5: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/5.jpg)
Barter – the oldest form of buying and selling
![Page 6: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/6.jpg)
VALUABLE
Precious metals came To be thought of as
![Page 7: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/7.jpg)
the process of stamping pieces of metal
so be used as money
MINTING:
![Page 8: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/8.jpg)
U.S. Mint Facilities
![Page 9: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/9.jpg)
We earn
And Spend
![Page 10: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/10.jpg)
This is the basis of our
economy.
![Page 11: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/11.jpg)
Economy
![Page 12: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/12.jpg)
It is …
IT IS …
![Page 13: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/13.jpg)
Businesses
![Page 14: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/14.jpg)
- And how they work
![Page 15: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/15.jpg)
![Page 16: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/16.jpg)
![Page 17: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/17.jpg)
![Page 18: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/18.jpg)
It is …
IT IS …
![Page 19: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/19.jpg)
![Page 20: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/20.jpg)
Allowances
![Page 21: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/21.jpg)
AND DECISIONS
![Page 22: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/22.jpg)
What else?
![Page 23: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/23.jpg)
Supply
and DEMAND
![Page 24: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/24.jpg)
Supply
Demand
Separate things Discussed together
![Page 25: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/25.jpg)
Supply:
How much is available?
![Page 26: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/26.jpg)
Demand:
How much people want
![Page 27: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/27.jpg)
How are they related?
![Page 28: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/28.jpg)
PRICE!
![Page 29: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/29.jpg)
Pri
ce
Dem
an
d
![Page 30: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/30.jpg)
Why?
![Page 31: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/31.jpg)
You want it? I’ve got it!
![Page 32: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/32.jpg)
Price
Dem
an
d
![Page 33: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/33.jpg)
Why?
![Page 34: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/34.jpg)
![Page 35: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/35.jpg)
Where else can this happen?
![Page 36: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/36.jpg)
![Page 37: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/37.jpg)
![Page 38: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/38.jpg)
![Page 39: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/39.jpg)
![Page 40: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/40.jpg)
When demand is
greater than supply …
![Page 41: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/41.jpg)
Dem
an
d
Sup
ply
![Page 42: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/42.jpg)
![Page 43: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/43.jpg)
![Page 44: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/44.jpg)
December 25
![Page 45: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/45.jpg)
When demand decreases …
![Page 46: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/46.jpg)
$ 499.00$ 299.00
$ 199.00
![Page 47: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/47.jpg)
What does this mean?
![Page 48: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/48.jpg)
Generally …
![Page 49: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/49.jpg)
If Buyers demand more,
price increases
![Page 50: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/50.jpg)
If Buyers Demand less,
price decreases.
![Page 51: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/51.jpg)
If sellers supply more,
price decreases
![Page 52: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/52.jpg)
If Sellers supply less,
price increases
![Page 53: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/53.jpg)
What does it all mean?
![Page 54: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/54.jpg)
![Page 55: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/55.jpg)
Very
STRONG market concepts
![Page 56: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/56.jpg)
When we examine the two …
![Page 57: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/57.jpg)
We find out more
about what people like to
BUY and
SELL
![Page 58: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/58.jpg)
This s …
![Page 59: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/59.jpg)
Business Owners
Sellers
![Page 60: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/60.jpg)
![Page 61: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/61.jpg)
and Consumers
You
![Page 62: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/62.jpg)
![Page 63: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/63.jpg)
We earn
And Spend
![Page 64: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/64.jpg)
This is just a SMALL part
of our
![Page 65: Economy Supplyand Demand](https://reader035.fdocuments.us/reader035/viewer/2022062419/558be6acd8b42a653a8b466f/html5/thumbnails/65.jpg)
Economy