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Current Step1 of 15
1
Market Price and Quantity
We had earlier established that the market price and quantity are determined by the intersection of the demand and supply curves. In this framework, the price and quantity will change only when the demand and supply curves shift.
Current Step1 of 15
1
Market Price and Quantity
We had earlier established that the market price and quantity are determined by the intersection of the demand and supply curves. In this framework, the price and quantity will change only when the demand and supply curves shift.