Tuesday, September 1, 2009

Supply and Demand

Here is a short post on common confusions about supply and demand. It requires careful reading and I would say it is likely to confuse you a bit as well. It's a kind of test to see if you have a final, 100 pct. understanding of the difference between shifts in a curve and movements along that same curve.

Remember, under our procedures, you're not responsible for reading this for class tonight, it's for next week.

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