Flash Cards
Published on Nov 21, 2015
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MORE DECKS TO EXPLORE
PRESENTATION OUTLINE
Supply
1.Something that you can provide for someone
2. Part of Supply and Demand
3. Mostly goods are represented by this
Photo by The U.S. Army
Demand
1. Part of Supply and Demand
2. Someone will want something
3. Big part in marketing
Photo by watz
Equilibrium Price
1. Where your demand meets your amount
2. On a chart
3. A lot of math goes into it
Photo by epSos.de
Shortage
1. Relates to being not enough goods
2. Can cause a big distress in the market
3. Means the product is doing very well
Photo by Sokwanele - Zimbabwe
Surplus
1. Left over money
2. Other wise know as profit
3. Helps grow the business even bigger
Photo by athrasher
Free Market
1. Controlled by the people
2. Government has minimal control
3. Everyone is happy
Photo by roger4336
Communism
1. Controlled by gov't
2. Barely any one is happy
3. People have no control or little
Photo by Dr Doolittle BG
Scarcity
1. everything has an end
2. mostly endured towards goods
3. scarce resources are wanted the most
Photo by eschipul
Mixed Market
1. Has half and half control with gov't and people
2. People are satisfied
3. Consists of any types of market
Photo by trekkyandy
