A schedule which shows the various amounts of a product producers are willing and able to produce at each price in a series of possible prices during a specified period of time is called: A. Quantity supplied B. Quantity demanded C. Supply D. Demand

Enumerate some (a) advantages and (b) disadvantages of learning the concept of demand and concept of supply.

Why does an economist create a market demand schedule

Carefully explain what is happening in the following market.  Indicate the impact if any on demand, supply, price and quality. The prices of inputs for the production of BrandX handbags have increased.  Currently taste and preferences has favoured the brand of handbag in the last 4 markets periods. Impact on demand impact on Supply impact on price impact on quantity