What is Market Equilibrium ?
Market equilibrium is defined as the point at which the price consumers want to pay and the quantity that suppliers want to supply meet.
Reading a Supply and Demand graph
PART 2: WHAT TO LOOK FOR Creating a single supply and demand curve graph allows you to see how market equilibrium is determined along with showing how excess supply and excess demand creates surpluses and shortages.	PART 2: WHERE TO FIND IT As a follow-up to the information provided, a sample supply and demand curve has been placed in the Media Center. Helpful hints on how to interpret such a graph are provided. Click on the image below to access this tutorial. Supply and Demand Tutorial - 3_3a

This practice assignment will help you understand the concept of supply and demand. If you use a Java-compatible browser, test your knowledge on the following link: http://ecedweb.unomaha.edu/Dem_Sup/econqui2.htm

Supply, Demand, Market Equilibrium: Putting it all together

PART 3: YOUR FINAL TASK FOR ACTIVITY 3.3 After going through parts 1 and 2 above, you should have a better understanding of the concept of market equilibrium. Your final task for Activity 3.3 is to create your own supply and demand graph and to answer some questions associated with what you have learned in this activity. To access the assignment, please click below. Assignment 3.3

	Activity 3.3 What is Market Equilibrium Assignment 100 Points Go to the Assignment Area to submit this assignment.
	1. Complete the above requirements in Word 2. Review the Grading Rubric. 3. Submit this activity .