INTRODUCTIONEvery economy depends on markets for the buying and selling of products and services.
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INTRODUCTIONEvery economy depends on markets for the buying and selling of products and services.
Topic: Concept of Demand Lesson Objectives By the end of this lesson, students should be able to: Define demand and explain what it means in economics.
Lesson Objectives By the end of this lesson, students should be able to: Define and explain the concepts of demand and supply.
Understand demand and supply, their laws, market equilibrium, and the major factors that influence consumer demand in the economy.
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