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Amount buyers - PowerPoint PPT Presentation

Chapter 1 Supply, Demand and Equilibrium

Chapter 1 Supply, Demand and Equilibrium. A basic diagram. Price per unit or $/unit or just P. In this chapter we want to ultimately work with a diagram like the one here. The diagram will be our representation of a market for a product during a. B. A. C. P A. period of time -

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Amount buyers - PowerPoint PPT Presentation

Chapter 1 Supply, Demand and Equilibrium