ECON201 -Week1 to 5

will able to understand the,Define the institutional framework of macroeconomic policymaking.

Q1. Illustrates the market for chocolate bars has the following demand and supply schedules:

Q2. Illustrates the market for pizza is characterized by a downward-sloping demand curve and an upward-sloping supply curve.

Q3. Suppose that a market is described by the following supply and demand equations: