Site MapHelpFeedbackDemand, Supply and Market Equilibrium
Demand, Supply and Market Equilibrium


In this chapter you will learn:
  • What demand is and what affects it.
  • What supply is and what affects it.
  • How supply and demand together determine market equilibrium.
  • How changes in supply and demand affect equilibrium prices and quantities.
  • What government-set prices are and how they can cause product surpluses and shortages.










McConnell: Economics 17eOnline Learning Center

Home > Chapter 3