Demand and supply

OpenStax

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Introduction to demand and supply

Demand, supply, and equilibrium in markets for goods and services

Shifts in demand and supply for goods and services

1 What factors affect demand?

2 The Ceteris Paribus Assumption

3 How does income affect demand?

4 Other factors that shift demand curves

5 Summing up factors that change demand

6 How production costs affect supply

7 Other factors that affect supply

8 Summing up factors that change supply

9 Key concepts and summary

Changes in equilibrium price and quantity: the four-step process

1 Good weather for salmon fishing

2 Newspapers and the internet

3 The interconnections and speed of adjustment in real markets

4 A combined example

5 Key concepts and summary

Price ceilings and price floors

Demand, supply, and efficiency

Source: OpenStax, Microeconomics. OpenStax CNX. Aug 03, 2014 Download for free at http://legacy.cnx.org/content/col11627/1.10

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