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Презентация на тему International university

What is a market?Market it is a group of buyers and sellers of a particular good or service.
International university   Market forces What is a market?Market it is a What is a Competitive market? Competitive market is a market Demand Quantity Law of demandThe claim that , Exceptions to law of demand     Giffen What affects demand ?Size of population IncomePreferencesSeasonal changesGovernment policy changesComplements and substitutes What are complements and substitutes? Сomplements These are goods which Substitues These are products Demand curve Demand curve it IMPORTANT!!Movement along the demand curve is caused by a SupplyQuantity supplied Law of supplyThe
Слайды презентации

Слайд 2 What is a

What is a market?Market it is a group

market?

Market it is a group of buyers and sellers

of a particular good or service.

Слайд 3 What is a Competitive market?
Competitive

What is a Competitive market? Competitive market is a market

market is a market in which there are many

buyers and many sellers so that each has a negligible (незначительный) impact on the market price.

Слайд 4

Demand Quantity of demand The amount

Demand
Quantity of demand
The amount of

a good
that buyers are willing
and able to purchase
Demand schedule
A table that shows
the relationships between
the price of a good and
the quantity demanded.

Слайд 5 Law of

Law of demandThe claim that , other things

demand
The claim that , other things equal, the quantity

demanded of a good falls when the price of the good rises.

Price
Goes up




Demand falls


Слайд 6 Exceptions to law of demand

Exceptions to law of demand   Giffen products

Giffen products

Veblen products


Слайд 7 What affects demand ?
Size

What affects demand ?Size of population IncomePreferencesSeasonal changesGovernment policy changesComplements and substitutes

of population
Income
Preferences
Seasonal changes
Government policy changes
Complements and substitutes


Слайд 8 What are complements and

What are complements and substitutes?

substitutes?


Слайд 9 Сomplements

Сomplements These are goods which supplement each other. For example:


These are goods which supplement each other.
For example:


Слайд 10

Substitues These are products which change each other.For example:

Substitues
These are products which change each other.
For example:


Слайд 11 Demand

Demand curve Demand curve it is a

curve
Demand curve it is a graph of the

relationship between the price of a good and the quantity demanded.

Слайд 12 IMPORTANT!!
Movement along the demand curve

IMPORTANT!!Movement along the demand curve is caused by a

is caused by a CHANGE IN PRICE.
All other factors

apart from PRICE lead to a shift in demand.

Слайд 13

SupplyQuantity supplied The amount of a

Supply
Quantity supplied
The amount of a good


that sellers are willing
and able to sell.
Supply schedule
A table that shows the
relationships between the
price of a good and
quantity supplied.

Слайд 14

Law of supplyThe claim that ,

Law of supply
The claim that , other things

equal, the quantity supplied of a good rises when the price of the good rises.

Prices goes up

Supply goes up


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