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Supply and Demand

 
 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

 
 Complete the Questions and the tutorials on the indicated website