AP MICROECONOMICS UNIT #4
Markets and Equilibrium. Markets and Efficient Use of Resources. The Market System: Supply and Demand (9/11, 9/16, 9/18, & 9/23) Background: Module 4, pp. 33 - 35 and Module 5, p. 59 - 61. Product and Factor Markets. Circular Flow of Market Activity. Supply and Demand: A Model of a Competitive Market. The Demand Side of the Market: Module 5, pp ... ................
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