YOUR TASK
- Demonstrate you know the difference between supply and demand.
- Demonstrate that you can apply the concepts of supply and demand to real-life situations.
- Determine how price impacts supply, demand and equilibrium.
- Demonstrate you can identify determinants that effect supply and demand.
- Be able to compare and contrast price ceilings and price floors.
- Demonstrate your ability to graph increases and decreases in supply and demand for various products.
DIRECTIONS
You will click on the questions button below and follow the links in order to complete the questions. Then click on the button "Google answer page". You will type out your answers in the "Google" document. Title the document with your name, period and Supply & Demand Web quest. When you are finished share your answers page with me.