Demand and Supply Analysis (Economics) Lecture NotesFellowBuddy.com
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CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETSFaHaD .H. NooR
CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS
Micro economics
Welfare economics is the study of how the allocation of resources affects economic well-being.
The equilibrium of supply and demand in a market maximizes the total benefits received by buyers and sellers.
The study of welfare economics explains the earlier studied one of the principles of economies that markets are usually a good way to organize economic activity.
The price that balances the supply and demand for a product is the best one because it maximizes the total welfare of consumers and producers.
Demand and Supply Analysis (Economics) Lecture NotesFellowBuddy.com
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
Benefits:-
# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
Our Vision & Mission – Simplifying Students Life
Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom
CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETSFaHaD .H. NooR
CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS
Micro economics
Welfare economics is the study of how the allocation of resources affects economic well-being.
The equilibrium of supply and demand in a market maximizes the total benefits received by buyers and sellers.
The study of welfare economics explains the earlier studied one of the principles of economies that markets are usually a good way to organize economic activity.
The price that balances the supply and demand for a product is the best one because it maximizes the total welfare of consumers and producers.
Download these notes and other resources at https://WeAreQurious.com/Economics
Teaching, learning and revision notes for Subsidies in A-Level Economics and IB Economics for all exam boards (Edexcel, AQA, OCR, Eduqas).
Download these notes and other resources at https://WeAreQurious.com/Economics
Teaching, learning and revision notes for Profit Maximisation in A-Level Economics and IB Economics for all exam boards (Edexcel, AQA, OCR, Eduqas, WJEC).
Download these notes and other resources at https://WeAreQurious.com/Economics
Teaching, learning and revision notes for Subsidies in A-Level Economics and IB Economics for all exam boards (Edexcel, AQA, OCR, Eduqas).
Download these notes and other resources at https://WeAreQurious.com/Economics
Teaching, learning and revision notes for Profit Maximisation in A-Level Economics and IB Economics for all exam boards (Edexcel, AQA, OCR, Eduqas, WJEC).
2. Teorin om utbud och
efterfrågan bygger på att
desto billigare en vara blir,
desto fler vill köpa den.
Högt pris – Liten efterfrågan
Lågt pris – Stor efterfrågan
3. Givetvis vill de som säljer en
vara tjäna så mycket som
möjligt. Det gör att desto högre
pris det är möjligt att sälja för,
desto fler vill vara med och sälja
varan och då ökar utbudet.
Högt pris – stort utbud
Lågt pris – litet utbud
4. Jämviktspriset hittar vi där linjerna
skär varandra i diagrammet. Där är
utbudet lika stort som efterfrågan.
Höjer man priset är det inte lika
många som köper, och man får ett
utbudsöverskott.
Sänker man priset är det fler som vill
köpa, och det kommer att bli brist på
varan.
5.
6.
7.
8. Vad finns det för andra faktorer som
påverkar priset?