Sort the market ideas
Exercise and reference answers
- Items
- Group
- Demand side
- Item
- Buyers
- Group
- Demand side
- Item
- Normal good
- Group
- Demand side
- Item
- Substitute
- Group
- Supply side
- Item
- Producers
- Group
- Supply side
- Item
- Output cut
- Group
- Supply side
- Item
- Surplus
- Group
- Price policy
- Item
- Ceiling
- Group
- Price policy
- Item
- Floor
- Group
- Price policy
- Item
- Rent rule
- Groups
- Item
- Demand side
- Item
- Supply side
- Item
- Price policy
- Instructions
- Drop each item onto demand, supply or policy.
Explanation
_Source: OpenStax Principles of Microeconomics 3e, Chapter 3, Demand and Supply._