ECON201 Week 2

The following link will take you to an interactive graph of a competitive market. 

 

http://openmultimedia.ie.edu/openproducts/microeconomia_i/microeconomia_i/ejercicios.html

 

1. Provide examples of a variable that affect the supply curve and a variable that affects the demand curve. 

2. Think of a product or service that use in your everyday life or workplace. Describe how the supply or demand of this product might be changed.