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D2 demand - PowerPoint PPT Presentation

Unit 2: Supply, Demand, and Consumer Choice

Unit 2: Supply, Demand, and Consumer Choice. VERY IMPORTANT COW!. Demand Review. What are the two key aspects of the definition of demand? What is the Law of Demand? Give an example of the substitution effect Give an example of the income effect

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D2 demand - PowerPoint PPT Presentation

Unit 2: Supply, Demand, and Consumer Choice