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Supply and Demand | ||
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http://hadm.sph.sc.edu/COURSES/ECON/SD/SD.html
1 Explain how supply and demand are determined
2 At what point is the market in equilibrium ?
Complete the tutorial
3 Define excess demand and excess supply
4 List two reason why prices increase when there is excess demand |
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Complete the Questions and the tutorials on the indicated website |
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