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Demand and Supply > Market Equillibrium > Flashcards

Market Equillibrium Flashcards

1
Q

Market equilibrium

A

Demand = Supply

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2
Q

Evaluation of supply and demand

A

1. Ceteris Paribus does not hold
- all things not equal
- other factors to consider

2. Size of change

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Demand and Supply (3 decks)

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