Soumettre la recherche
Mettre en ligne
SUPPLY-with-Equilibrium.pptx
•
Télécharger en tant que PPTX, PDF
•
0 j'aime
•
7 vues
J
JurgCarol
Suivre
APPLIED ECONOMICS
Lire moins
Lire la suite
Formation
Affichage du diaporama
Signaler
Partager
Affichage du diaporama
Signaler
Partager
1 sur 35
Télécharger maintenant
Recommandé
Demand, Supply & Market Equilibrium
Demand, Supply & Market Equilibrium
Mahfuzur Rahman
Ch03:demand, supply, and market equilibrium
Ch03:demand, supply, and market equilibrium
Sonali Bank Limited
Ch03 demand supply.ppt
Ch03 demand supply.ppt
SuSandi17
501102_demand.ppt.ppt
501102_demand.ppt.ppt
depakmechanical
501102_demand.ppt.ppt
501102_demand.ppt.ppt
AJAYSINGODIYA
Demand curves of house holds - Economics.pptx
Demand curves of house holds - Economics.pptx
VenkatPrasatS
Demand_Supply_Equillibrium.ppt
Demand_Supply_Equillibrium.ppt
JasminJames12
topic 4.pptx
topic 4.pptx
TongierlynCorda1
Recommandé
Demand, Supply & Market Equilibrium
Demand, Supply & Market Equilibrium
Mahfuzur Rahman
Ch03:demand, supply, and market equilibrium
Ch03:demand, supply, and market equilibrium
Sonali Bank Limited
Ch03 demand supply.ppt
Ch03 demand supply.ppt
SuSandi17
501102_demand.ppt.ppt
501102_demand.ppt.ppt
depakmechanical
501102_demand.ppt.ppt
501102_demand.ppt.ppt
AJAYSINGODIYA
Demand curves of house holds - Economics.pptx
Demand curves of house holds - Economics.pptx
VenkatPrasatS
Demand_Supply_Equillibrium.ppt
Demand_Supply_Equillibrium.ppt
JasminJames12
topic 4.pptx
topic 4.pptx
TongierlynCorda1
501102 demand.ppt
501102 demand.ppt
Miraa Sabaya
Demand and supply analysis.ppt
Demand and supply analysis.ppt
ObianujuMirriam
Ppt econ 9e_one_click_ch03
Ppt econ 9e_one_click_ch03
Muhammad Attique Shah
Basic Analysis of Demand and Supply
Basic Analysis of Demand and Supply
Angel Roman Lumanglas
Ch04
Ch04
patriciatamio
Chapter 2-the-economic-problems
Chapter 2-the-economic-problems
Minenhle Nkosi
ch03-110629184923-phpapp02 (1).ppt
ch03-110629184923-phpapp02 (1).ppt
JoshuaEspinosaBaluya
Ch05:household behavior and consumer choice
Ch05:household behavior and consumer choice
Sonali Bank Limited
demand and Suppy,Market equilibrium
demand and Suppy,Market equilibrium
Faith Martin
Ch03
Ch03
patriciatamio
Application of Demand and Supply
Application of Demand and Supply
RomlaineOlaso1
a-200726065412.pdf
a-200726065412.pdf
CHUBBYTITAMAESTRA
Demand supply & equilibrium price
Demand supply & equilibrium price
Vani Kaushal
Ch05
Ch05
patriciatamio
Ch05
Ch05
patriciatamio
Household Behavior and Consumer Choice
Household Behavior and Consumer Choice
Noel Buensuceso
Ch02:the economic problem scarcity and choice
Ch02:the economic problem scarcity and choice
Sonali Bank Limited
Managerial Economics (Chapter 3 - Demand and Supply)
Managerial Economics (Chapter 3 - Demand and Supply)
Nurul Shareena Misran
Micro Economics- Chapter 4 PPT
Micro Economics- Chapter 4 PPT
Zeiad Ahmed
Basics of economics
Basics of economics
Doukan10
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
VS Mahajan Coaching Centre
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
heathfieldcps1
Contenu connexe
Similaire à SUPPLY-with-Equilibrium.pptx
501102 demand.ppt
501102 demand.ppt
Miraa Sabaya
Demand and supply analysis.ppt
Demand and supply analysis.ppt
ObianujuMirriam
Ppt econ 9e_one_click_ch03
Ppt econ 9e_one_click_ch03
Muhammad Attique Shah
Basic Analysis of Demand and Supply
Basic Analysis of Demand and Supply
Angel Roman Lumanglas
Ch04
Ch04
patriciatamio
Chapter 2-the-economic-problems
Chapter 2-the-economic-problems
Minenhle Nkosi
ch03-110629184923-phpapp02 (1).ppt
ch03-110629184923-phpapp02 (1).ppt
JoshuaEspinosaBaluya
Ch05:household behavior and consumer choice
Ch05:household behavior and consumer choice
Sonali Bank Limited
demand and Suppy,Market equilibrium
demand and Suppy,Market equilibrium
Faith Martin
Ch03
Ch03
patriciatamio
Application of Demand and Supply
Application of Demand and Supply
RomlaineOlaso1
a-200726065412.pdf
a-200726065412.pdf
CHUBBYTITAMAESTRA
Demand supply & equilibrium price
Demand supply & equilibrium price
Vani Kaushal
Ch05
Ch05
patriciatamio
Ch05
Ch05
patriciatamio
Household Behavior and Consumer Choice
Household Behavior and Consumer Choice
Noel Buensuceso
Ch02:the economic problem scarcity and choice
Ch02:the economic problem scarcity and choice
Sonali Bank Limited
Managerial Economics (Chapter 3 - Demand and Supply)
Managerial Economics (Chapter 3 - Demand and Supply)
Nurul Shareena Misran
Micro Economics- Chapter 4 PPT
Micro Economics- Chapter 4 PPT
Zeiad Ahmed
Basics of economics
Basics of economics
Doukan10
Similaire à SUPPLY-with-Equilibrium.pptx
(20)
501102 demand.ppt
501102 demand.ppt
Demand and supply analysis.ppt
Demand and supply analysis.ppt
Ppt econ 9e_one_click_ch03
Ppt econ 9e_one_click_ch03
Basic Analysis of Demand and Supply
Basic Analysis of Demand and Supply
Ch04
Ch04
Chapter 2-the-economic-problems
Chapter 2-the-economic-problems
ch03-110629184923-phpapp02 (1).ppt
ch03-110629184923-phpapp02 (1).ppt
Ch05:household behavior and consumer choice
Ch05:household behavior and consumer choice
demand and Suppy,Market equilibrium
demand and Suppy,Market equilibrium
Ch03
Ch03
Application of Demand and Supply
Application of Demand and Supply
a-200726065412.pdf
a-200726065412.pdf
Demand supply & equilibrium price
Demand supply & equilibrium price
Ch05
Ch05
Ch05
Ch05
Household Behavior and Consumer Choice
Household Behavior and Consumer Choice
Ch02:the economic problem scarcity and choice
Ch02:the economic problem scarcity and choice
Managerial Economics (Chapter 3 - Demand and Supply)
Managerial Economics (Chapter 3 - Demand and Supply)
Micro Economics- Chapter 4 PPT
Micro Economics- Chapter 4 PPT
Basics of economics
Basics of economics
Dernier
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
VS Mahajan Coaching Centre
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
heathfieldcps1
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
misteraugie
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
eniolaolutunde
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
GeoBlogs
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
Sayali Powar
microwave assisted reaction. General introduction
microwave assisted reaction. General introduction
Maksud Ahmed
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
sanyamsingh5019
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
Association for Project Management
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
SoniaTolstoy
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
National Information Standards Organization (NISO)
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
FatimaKhan178732
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Sapana Sha
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
RaunakKeshri1
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
EduSkills OECD
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Pooja Nehwal
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Krashi Coaching
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
anjaliyadav012327
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
Disha Kariya
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
National Information Standards Organization (NISO)
Dernier
(20)
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
microwave assisted reaction. General introduction
microwave assisted reaction. General introduction
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
SUPPLY-with-Equilibrium.pptx
1.
Supply Module 3
2.
Supply It refers to
the quantity of goods that a seller is willing to offer for sale
3.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair Supply in Product/Output Markets •Supply decisions depend on profit potential. •Profit •is the difference between revenues and costs. 3 of 48
4.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair Quantity Supplied 4 of 48 • represents the number of units of a product that a firm would be willing and able to offer for sale at a particular price during a given time period. PRICE (PER BUSHEL) QUANTITY SUPPLIED (THOUSANDS OF BUSHELS PER YEAR) $ 2 0 1.75 10 2.25 20 3.00 30 4.00 45 5.00 45 CLARENCE BROWN'S SUPPLY SCHEDULE FOR SOYBEANS
5.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 5 of 48 • is a table showing how much of a product firms will supply at different prices. PRICE (PER BUSHEL) QUANTITY SUPPLIED (THOUSANDS OF BUSHELS PER YEAR) $ 2 0 1.75 10 2.25 20 3.00 30 4.00 45 5.00 45 CLARENCE BROWN'S SUPPLY SCHEDULE FOR SOYBEANS Supply Schedule
6.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair Supply Schedule it shows the different quantities the seller is willing to sell at various prices.
7.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair states that there is a positive relationship between price and quantity of a good supplied.
8.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 8 of 48
9.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 9 of 48 Points Quantity Supplied Price A 40 2 B 60 4 C 80 6 D 100 8 E 120 10
10.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair Determinants of Supply •1. Price Factor • The price of the good or service. 10 of 48
11.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair Shift of Supply Versus Movement Along a Supply Curve • A higher price causes higher quantity supplied, and a move along the demand curve.
12.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair Other Determinants of Supply •2. Non=Price Factor •1. The Price of production inputs or cost of producing the good, which in turn depends on: •The price of required inputs (labor, capital, and land) 12 of 48
13.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair •2. The technologies that can be used to produce the product. •3. The prices of related products. 13 of 48
14.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair •4. Taxes – Business establishments are required to pay a number of taxes to various levels of government. 14 of 48
15.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 5. Expectation •The expectation or anticipation of what will happen on the price of the commodity can also influence the amount supplied in the market. 15 of 48
16.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair Shift of Supply Versus Movement Along a Supply Curve 16 of 48 • A change in determinants of supply other than price causes an increase in supply, or a shift of the entire supply curve, from SA to SB.
17.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 17 of 48 • The technological advance means that more output can be supplied for at any given price level. Shift of Supply Curve for Soybeans Following Development of a New Seed Strain
18.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 18 of 48 To summarize: Change in price of a good or service leads to Change in quantity supplied (Movement along the curve). Shift of Supply Versus Movement Along a Supply Curve
19.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 19 of 48 To summarize: Change in costs, input prices, technology, or prices of related goods and services leads to Change in supply (Shift of curve). Shift of Supply Versus Movement Along a Supply Curve
20.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair From Individual Supply to Market Supply •The supply of a good or service can be defined for an individual firm, or for a group of firms that make up a market or an industry. 20 of 48
21.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair From Individual Supply to Market Supply •Market supply is the sum of all the quantities of a good or service supplied per period by all the firms selling in the market for that good or service. 21 of 48
22.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair MARKET EQUILIBRIUM 22 of 48
23.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair MARKET EQUILIBRIUM • When the supply and demand curves intersect, the market is in equilibrium. • This is where the quantity demanded and the quantity supplied are equal. 23 of 48
24.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair •The intersection of supply and demand determines the equilibrium price and quantity. •The equilibrium occurs where the quantity demanded is equal to the quantity supplied. 24 of 48
25.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair Schedule of Market Equilibrium Points QD Price QS A 60 30 180 B 90 25 150 C 120 20 120 D 150 15 90 E 180 10 60 25 of 48
26.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair • Computation: •QD = 240 – 6P •QS = 0 + 6P •QD = QS •240 – 6P = 0 + 6P 26 of 48
27.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair • Computation: • 240 – 6P = 0 + 6P • -6P – 6P = -240 + 0 • - 12P = -240 • -12 P/ 12 = -240/ 12 • P = 20 Price Equilibrium 27 of 48
28.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair • QD = 240 – 6P • QD = 240 – 6 (20) • QD = 240 – 120 • QD = 120 • Marke Equilibrium 28 of 48 QS = 0 + 6P QS = 0 + 6 (20) QS = 0 + 120 QS= 120
29.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair GRAPH • P • 30 Price Equilibrium • 25 • 20 Market Equilibrium • 15 • 10 • • 30 60 90 120 150 180 29 of 48
30.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair ACTIVITY Points QD Price QS A 30 15 90 B 45 12 75 C 60 9 60 D 75 6 45 E 90 3 30 30 of 48
31.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair EXCESS OF DEMAND •If the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. •Excess demand or a shortage will exist. 31 of 48
32.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair EXCESS OF SUPPLY •If the price is above the equilibrium level, then the quantity supplied will exceed the quantity demanded. •Excess supply or a surplus will exist. 32 of 48
33.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair • In either case, economic pressures will push the price toward the equilibrium level. •A change in supply, demand, or both, will necessarily change the equilibrium price, quantity, or both. 33 of 48
34.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair •It is highly unlikely that the change in supply and demand perfectly offset one another so that equilibrium remains the same. 34 of 48
35.
C H A P T E R 3: Demand, Supply, and Market Equilibrium © 2004 Prentice
Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 35 of 48
Télécharger maintenant