Chapter 3. Markets Demand and Supply analysis takes place while looking at markets For now, we will be looking only at competitive markets These markets.
CH 4: DEMAND 4-1: WHAT IS DEMAND? Notes#1. What is demand? Definition: demand is the willingness to buy a good or service and the ability to pay for it.
Chapter 28 Presentation 2. Government Intervention in Externalities 1. Lawsuits- pay damages to the injured party or the fear of litigation persuades.
