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Demand Supply Market Equilibrium
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A 5 page paper which discusses the conditions of the demand supply market equilibrium as it applies to superior and inferior products. First, the demand supply market equilibrium is defined in very simple terms using very simple examples. These examples are involved with the automobile industry and the food industry. From here the paper details some of the concerns of the subject as it relates to inferior and superior products, illustrating how important such concerns are in our economy. Bibliography lists 4 sources.
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Pages:
5
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Filename:JR7_RAmarket.wps |
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Paper Title:
Demand Supply Market Equilibrium
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