Unit 2.3: Competitive market equilibrium

IB Economics: Unit 2.3: Competitive market equilibrium

When you combine the two variables of supply and demand, for any good or service, you arrive at the market equilibrium. This page also contains a number of examination style questions, as well as short answer activities.How changes to either supply and / or demand result in changes to the market equilibriumCalculate and illustrate market equilibrium using linear equationsLesson time: 70 minutes

To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.