lectur7-page3 - increase the quantity of a commodity that...

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3 3 Determine WHAT to Produce, and HOW MUCH u By offering a higher price, consumers can normally induce producers to
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Unformatted text preview: increase the quantity of a commodity that they will supply per unit of time. (The SUPPLY Curve)...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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