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lectur13-page23 - will be bought at various prices can be...

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23 Definition of Demand The willingness and ability of buyers to purchase a given amount of goods or services, over a range of prices, over a given period of time. The relationship of the quantity of a good that
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Unformatted text preview: will be bought at various prices can be presented in the form of a demand schedule or portrayed graphically as a demand curve....
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