FlashCards por Jasmine Wells, criado more than 1 year ago

International Baccalaureate Economics (Chapter 2: Competitive markets: Demand and Supply) FlashCards sobre 2.4: Market Equilibrium: Demand and Supply , criado por Jasmine Wells em 04-10-2015.

	Criado por Jasmine Wells aproximadamente 11 anos atrás

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2.4: Market Equilibrium: Demand and Supply

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Define surplus

What does a surplus cause?

Define shortage

What does a shortage of goods cause?

Define Market Equilibrium.