(See related pages)
|
|
|
1. Explain real-world events using supply and demand. |
|
|
|
2. Discuss how exchange rates are determined using supply and demand. |
|
|
|
3. Demonstrate the effect of a price ceiling and a price floor on a market. |
|
|
|
4. Explain the effect of excise taxes and tariffs on equilibrium price and quantity. |
|
|
|
5. Explain the effect of a third-partypayer system on equilibrium price and quantity. |