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Rotman Commerce (1,103)
RSM219H1 (86)
Lecture 3

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Department
Rotman Commerce
Course
RSM219H1
Professor
Chris Bovaird
Semester
Fall

Description
Lecture 3 Monday, September 26, 2011 10:27 AM 19th slide: -economic system like saying a country; using the factors of production different set of laws and priority -use the factors of production to use what people want to be better of their needs -market economies where private individuals make most of deicisions -market is not a physical place it; the exchange of buys offer and sell offers -economy theory a market is an exchange of buy offers and exchange offers -not all market are the same; the ability of buyers to negoitate a good price
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