Intro to Supply and Demand

Front

______to the dirt

Back

Demand

Front

______to the sky

Back

Supply

Front

What does I.R.D.L. stand for?

Back

Increase Right Decrease Left

Front

What would a government induced price ceiling cause?

Back

Shortages in the market due to increased demand and decreased supply.

Front

What would a government induced price floor cause?

Back

A surplus in the market.