The Science of Supply and Demand

David F. Perkis

Page One Economics Newsletter, 2021

Abstract: Pandemics, hurricanes, and other scientific events can alter the course of markets. Changes in technology can, too. This issue of Page One Economics explains the laws of supply and demand and uses graphs to show how price and quantity change when markets shift.

Keywords: law of demand; competitive markets; supply and demand (search for similar items in EconPapers)
Date: 2021
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