My grand padlet by Anahi Ortiz https://padlet.com/ortizanahi123/yf114lgcom26k7q6 ECON padlet en-us 2023-02-23 20:21:10 UTC 2023-03-02 16:54:33 UTC hello@padlet.com 1. Compare the difference between an equilibrium market with a disequilibrium market. ortizanahi123 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2493112584 2023-02-23 20:31:38 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2493112584 2.Identify how the government sometimes intervenes in markets to control prices. Is it a good or bad thing? ortizanahi123 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2493113208 2023-02-23 20:32:21 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2493113208 ortizanahi123 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2493113712 2023-02-23 20:32:52 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2493113712 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494153527 One's equal and the other isn't equal.]]> 2023-02-24 17:14:42 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494153527 Equilibrium market means the supply and demand are equal. Disequilibrium market is a market with an imbalanced supply and demand. https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494153783 2023-02-24 17:14:56 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494153783 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494154053 It's a good thing they control it because they set a limit.]]> 2023-02-24 17:15:08 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494154053 equilibrium is when the supply and demand match even, and disequilibrium is when the supply may be to low for the demand or the other way around. https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494154673 2023-02-24 17:15:46 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494154673 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494154919 In an equilibrium market the amount of demand and suppy is equal and the market is balanced. In a disequilibrium market it has fallen out of balance]]> 2023-02-24 17:16:00 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494154919 one market has both demand & supply being equal meanwhile the other one doesn't have both being equal. https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494155140 2023-02-24 17:16:12 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494155140 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494155494 Equilibrium is when the quantity of demand and supply is even. and the other is not even]]> 2023-02-24 17:16:35 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494155494 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494156300 The government intervenes when it is necessary to ensure that prices don't sky rocket to better help us]]> 2023-02-24 17:17:01 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494156300 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494156581 Equilibrium is when both quantity and demand are equal and disequilibrium is when both aren't equal ]]> 2023-02-24 17:17:08 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494156581 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494156764 I think its and good thing because they can stop the high prices. ]]> 2023-02-24 17:17:14 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494156764 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494157654 It's a good thing because you can set a price point on rent.]]> 2023-02-24 17:17:39 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494157654 The government intervenes to help organize the needs and the demands. Its a good thing because they help keep things in order. https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494158037 2023-02-24 17:17:47 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494158037 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494159934 Price celings and price floors can be good sometimes because it will set a limit so that prices don't go out of control, like to make sure that rent doesn't get too high.]]> 2023-02-24 17:18:38 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494159934 Price ceiling and price floors help stop a price from rising above a certain level. It's a positive thing to have because it helps certain things from being too expensive. https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494162865 2023-02-24 17:20:22 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494162865 https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494162984 Price ceiling and prices is a good think because it can control prices so they wouldn't go into chaos. ]]> 2023-02-24 17:20:28 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494162984 price ceilings are the max that a person can pay so it can be good because the government controls people from being over charged and the floor is and a price floor keeps everyone in competition because it is the lowest something can be charged and it would be bad to have a product with a low price floor https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494164431 2023-02-24 17:21:42 UTC https://padlet.com/ortizanahi123/yf114lgcom26k7q6/wish/2494164431