9/11/20 Econ 210L by Liam O'Brien https://padlet.com/lao31/2a4ammzsxykjnei1 en-us 2020-09-11 15:52:08 UTC 2020-09-11 18:35:45 UTC hello@padlet.com Group 1 lao31 https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739237181 2020-09-11 15:52:38 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739237181 Group 2 lao31 https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739237857 2020-09-11 15:52:46 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739237857 Group 3 lao31 https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739238849 2020-09-11 15:52:59 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739238849 Group 4 lao31 https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739239858 2020-09-11 15:53:13 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739239858 What does "invisible hand" really mean? https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739903058 2020-09-11 18:08:17 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739903058 A Shift of the Demand Curve https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739909022 2020-09-11 18:09:30 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739909022 Qs&Qd vs supply & demand https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739917523 What is the difference between quantity supplied and supply? quantity demanded and demand?]]> 2020-09-11 18:11:20 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739917523 How a change in the price of Complement and substitute goods affects supply and demand? https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739920355 2020-09-11 18:11:54 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739920355 Market demand https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739921382 2020-09-11 18:12:08 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739921382 Factors that shift the curves https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739932769 2020-09-11 18:14:35 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739932769 Taxes and subsides https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739954574 2020-09-11 18:19:23 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739954574 https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739969906 Self-interest + Competition = Invisible Hand]]> 2020-09-11 18:22:49 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739969906 Taxes are an additional cost of production that shifts the supply curve to the left (produce a lower quantity at a given price). Subsidies, reduce the cost of production, curve shifts to the right, increase supply at a given price. https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739983483 2020-09-11 18:25:57 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739983483 https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739984491 Higher taxes lower demand because consumers must now pay the higher tax in addition to the price they pay for the good. Lower taxes reduce the overall cost to consumers and therefore increase demand.]]> 2020-09-11 18:26:11 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739984491 https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739987965 Factors that shift the curve are outside forces other than price]]> 2020-09-11 18:27:03 UTC https://padlet.com/lao31/2a4ammzsxykjnei1/wish/739987965