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THE FORMS OF THE MARKET - Coggle Diagram

- - - - each person attributes a different value to things
  - - - if the factors affecting demand do not change, demand will only increase if the unit price is reduced
      - derives from the demand curve
  - - - The offer varies if TECHNOLOGIES and LABOR COSTS vary
    - - if technology and labor costs do not vary, the quantity supplied only increases if the unit price is increased
- - - - it is the market that varies the price according to momentary situations
- - - - it happens if scarcity is reconciled with preferences
  - - - consumer preferences change
    - - high price
    - - effects on others can be positive or negative