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Inverse supply curve - PowerPoint PPT Presentation

EC 1008 Introduction to Microeconomics Lecture 2: Analyzing markets: supply and demand

Sotiris Georganas City University London. EC 1008 Introduction to Microeconomics Lecture 2: Analyzing markets: supply and demand. Learning outcomes. To understand the demand and supply function To outline the laws of demand and supply To analyse what causes movements and shifts

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574 views • 35 slides

EC 307: Economic Policy in the UK

EC 307: Economic Policy in the UK. Week 13: Competition. Competing suppliers. Original approach was single supplier, Non-competitive contracts Cost+ (esp. for R&D) or cost-based pricing Poor incentive properties, heavy information requirements

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215 views • 15 slides

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Inverse supply curve - PowerPoint PPT Presentation

EC 1008 Introduction to Microeconomics Lecture 2: Analyzing markets: supply and demand

EC 307: Economic Policy in the UK