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BASIC CONCEPTS OF THE ECONOMIC SYSTEM THAT ALLOW YOU TO UNDERSTAND THE…
BASIC CONCEPTS OF THE ECONOMIC SYSTEM THAT ALLOW YOU TO UNDERSTAND THE BEHAVIOR OF THE AGENTS IN A MARKET ECONOMY
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AGENTS
economic agents considered in Microeconomics, consumers and offerors-producers
OFFER AND DEMAND
DEMAND
It is the quantity of units of a good or service that consumers want to acquire at a certain moment.
OFFER
it is the quantity of units of a good or service that the producers are willing to manufacture and sell in a determined moment.
MARKET
It is the area where activities are carried out through which supply and demand are brought into contact. In it, the fight between two opposing forces (supply and demand) is carried out in order to obtain the most convenient price for each of them
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