Advanced Placement (AP), 23.10.2021 18:20, sangamlama
You have learned about the interaction of supply and demand in the marketplace. In the first part of this project, you will create your own market by choosing a product and gathering information that describes the demand for this product. You will then use the information on the supply of this product (with the quantity supplied given by your teacher) to determine your product's equilibrium price.
Checklist:
✓ Your "Finding Equilibrium Price" table
✓ The "Price" column is filled in with four different list prices for your good or service (The "Price" column should also have the name of your good in the title)
✓ The "Quantity Demanded" column filled in with the results from the ten people in your survey
✓ A list of the ten people in your survey
Answers: 1
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You have learned about the interaction of supply and demand in the marketplace. In the first part of...
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