- 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.
You will click on the questions button below and follow the links in order to complete the questions. You will have to write out your answers on a sheet of paper. Please make sure you label each question. For example, "Introduction -Supply & Demand."Please make sure you place your name, date and class period on your answer sheet before turning it in.