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Welcome to the Q&A for ECN/APEC 2010, where you can ask questions and receive answers from your fellow students, the TA, and your professor.

Please only ask questions about the material for the course. Try to create discussions about the material we see in class, instead of just thinking of economics in general (this is an introduction to microeconomics class, not a policy or government class).

For questions and discussions about course organization or other course related topics, come see us after class or during office hours.

Feel free to discuss quiz questions on the Q&A, but do not provide direct answers to quiz questions before the quiz's due date.

Which is more important in the economy satisfying demand or supply?

–1 vote
19 views
Which is more important in the economy satisfying demand or supply?
asked Jan 29 by canvas-30ee4c0a7a712 (580 points)
What are you trying to get at? Please try to be more specific in your questions or offer your opinion on the matter. This will often generate more discussion, and a better discussion. To me, I feel like this question is getting at is it more important to favor producers or consumers. But what does it mean for demand or supply to be satisfied? Does a demand that is satisfied mean at a certain price, all consumers who have a willingness to pay above the price receive the good?
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