Unformatted text preview: 2. State the Law of Demand. 3. State all the determinants of household demand. Given a change in one of the determinants draw the new household demand and briefly explain your graph. 4. Understand what causes a movement along the demand curve versus a shift of the demand curve. 5. Be able to graph a demand curve given its functional form. 6. Be able to draw an aggregate (market) demand curve from individual demand curves....
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This note was uploaded on 02/01/2008 for the course ECON 101 taught by Professor Hansen during the Spring '07 term at University of Wisconsin.
- Spring '07