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Quantity market demand - PowerPoint PPT Presentation

Managerial Economics & Business Strategy

Managerial Economics & Business Strategy. Chapter 2 Market Forces: Demand and Supply. Shows the amount of a good that consumers are willing and able to purchase at various prices (AKA MB curve because represents WTP) Law of Demand The demand curve is downward sloping. WHY?. Quantity.

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Quantity market demand - PowerPoint PPT Presentation

Managerial Economics &amp; Business Strategy

Managerial Economics & Business Strategy