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SUPPLY & DEMAND

DEMAND

Home
SITUATIONS WITH PRICE AND QUANTITY
DEMAND
EQUILIBRIUM
SHIFTS AND MOVEMENTS
SUPPLY
CAUSES FOR CHANGE
MARGINAL COSTS AND BENEFITS
LINKS

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Demand: the relationship between price and quantity demanded in a market
 
Demand Curve: shows maximum a consumer would pay for various quantity of goods
 
Demand in a market is representative of all consumer's marginal benefit of consuming

Created Fall 2004
WFU '08