Wednesday, May 20, 2009
Economics/supply and demand
In Economics there are two main things Supply and demand. As you can see in this graph.
When studying Economics you will see supply in demand this is a relationship of when price and quantity are priced. Demand is when produces get what they want and consumers are getting what they want that's called the equilibrium point.
I learnt this from URL: http://www.brainpop.com/math/dataanalysis/supplyanddemand/