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Aggregate Supply and Demand, the Price Level
S/E/278. Theoretical approaches to supply and demand
- WORDS:
- 2200
- DATE:
- 2011
- PRICE:
- 29.99 GBP
The paper looks at the theoretical approaches used in managerial economics reviewing the theory of supply and demand, and explaining the elasticity of demand including the concepts of price elasticity of demand (PED), income elasticity of demand (IED) and cross price elasticity of demand (CPED).
KEYWORDS: supply and demand,
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