Monday, February 13, 2012

Principles of Microecomics Lecture 3 Slides + HW1

Micro Students,
Greetings,
please refer to the following link to download the lecture slides for today (Feb 13th.).

http://www.mediafire.com/?bhl66yuxc68vdk7

please note that an assignment was issued in class due next week in class.
the Question was:

Graphically illustrate (with all necessary explanations) the effect on price and quantity when:

a)Supply increases, ceteris paribus,
b) Supply decreases, ceteris paribus

Due Date: Feb. 20th. 2012, in class.

Cheers
Sering

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