Chapter 4 Notes

Chapter 4 Notes - Chapter 4 Law of supply and demand The...

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Chapter 4 2/25/08 - Law of supply and demand The claim that the price of any good adjusts to bring the quantity supplied and quantity demanded for that good into balance. - Three steps to analyzing changes in Equilibrium Decide whether even shifts supply or demand curve Decide in which direction curve shifts
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This note was uploaded on 04/17/2008 for the course ECO 201 taught by Professor Zenker during the Spring '08 term at Elon.

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