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The Basic Analysis of Demand and Supply

The Basic Analysis of Demand and Supply

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Published by: Gillian Louise Saquian on Sep 16, 2013
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09/16/2013

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THE BASIC ANALYSISOF DEMAND ANDSUPPLY
Presented By: GROUP 1
 
Introduction:
Demand
is generally affected by the
behavior of consumers, while
supply
is
usually affected by the conduct of producers. The interplay between these
two in the
foundation of economicactivity
.
 
Market
A market is wherebuyers and sellersmeet.
It is the placewhere they bothtrade or exchangegoods or service

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