Define demand and supply - what may cause individual, Microeconomics

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Define demand and supply - what may cause individual

A. Define Demand and Supply.

B. What may cause individual household to buy more goods and services?

C. What may cause individual firm to hire more workers?

D. What is the effect of large companies such as Wal-Mart on product sales in a community? Can they hurt or help the community?

E. Can small businesses in a community compete with firms like Wal-Mart?

F. What is the net effect of Wal-Mart on the community (positive or negative)

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