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C HAPTER. Markets in Action. 4. T HE E FFECTS OF S HIFTS IN D EMAND ON M ARKET E QUILIBRIUM. EXHIBIT 1. T HE E FFECTS OF S HIFTS IN S UPPLY ON M ARKET E QUILIBRIUM. EXHIBIT 2. EXHIBIT 4. T REND OF E QUILIBRIUM P RICES OVER T IME. - PowerPoint PPT Presentation
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Markets in Action
CHAPTER
4
2Tucker Economics for Today, 4e • Ch 4 Markets in Action© 2005 Thomson/South-Western
EXHIBIT 1 THE EFFECTS OF SHIFTS IN DEMAND ON MARKET EQUILIBRIUM
3Tucker Economics for Today, 4e • Ch 4 Markets in Action© 2005 Thomson/South-Western
EXHIBIT 2 THE EFFECTS OF SHIFTS IN SUPPLY ON MARKET EQUILIBRIUM
4Tucker Economics for Today, 4e • Ch 4 Markets in Action© 2005 Thomson/South-Western
EXHIBIT 4 TREND OF EQUILIBRIUM PRICES OVER TIME
5Tucker Economics for Today, 4e • Ch 4 Markets in Action© 2005 Thomson/South-Western
EXHIBIT 5 RENT CONTROL RESULTS IN A SHORTAGE OF RENTAL UNITS
6Tucker Economics for Today, 4e • Ch 4 Markets in Action© 2005 Thomson/South-Western
EXHIBIT 6 A MINIMUM WAGE RESULTS IN A SURPLUS OF LABOR
7Tucker Economics for Today, 4e • Ch 4 Markets in Action© 2005 Thomson/South-Western
EXHIBIT 7 RIGGING THE PC MARKET
8Tucker Economics for Today, 4e • Ch 4 Markets in Action© 2005 Thomson/South-Western
EXHIBIT 8 EXTERNALITIES IN THE STEEL AND AIDS VACCINATION MARKETS
