Firms supply the goods and services that we as households


Firms supply the goods and services that we as households demand. So what are people looking to buy?

  • Why do they select one product over another?
  • Can free markets really allocate scarce resources in such an uncontrolled and often chaotic marketplace?
  • Search the news for stories related to the supply and/or the demand for a product that you find interesting.

•Perhaps something that you recently purchased or are considering for a future purchase. What's in the news and how can you use economic principles to become a better shopper?

 

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Macroeconomics: Firms supply the goods and services that we as households
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