Toshkent m oliyainstituti

Task 3.Give your idea on the topic: “Trends, graphs and figures”

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What types of financial markets do you know?
Task 2. Read and retell the text.
A market is any place where individuals buy and sell goods and services. 
There are all kinds of markets in our economic world. All markets, though, have 
some common economic principles. The price is what you have to pay for something 
in order to get it.
Consumers are the ones who provide the demand for an item. Demand is the amount 
or quantity of goods and services consumers are willing and able to buy at various 
prices. Generally, the higher the price, the less consumers will buy o f an item.
The opposite of this principle also applies: The lower price, the more consumers 
will buy. At the higher price some consumers will simply decide not to buy. Others 
will buy less of the item still others may try substitutes. The law of demand states 
that consumers will generally buy less of an item at a higher price than at a lower 
price.
Producers are influenced to supply goods or services by the prices in the market. The 
supply is the amount or quantity of goods and services that producers will provide 
at various prices. Producers must receive a price for their goods and services that 
will cover their costs and provide a profit in order to stay in business. They look at 
price as a barometer that tells them how much of a good or service to produce. 
Producers will generally produce less of an item at a lower price than they will at a 
higher price. The law of supply states that the higher the price, the more producers 
will supply; the lower the price, the less they will supply.
Task 3.Give your idea on the topic: “Budget and investment”

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What do you know about Production?