Demand & Supply Assignment Help, Homework Help

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The Concept of Demand and Supply

1.1 Demand

The term demand refers to the quantity of goods or services that the person is willing to buy at a definite price and time.

Determination of Demand Assignment Help
Fig. 1.1 Determinants of Demand

1.2 Supply

Determination of Supply Assignment Help
Fig. 1.2 Determinants of Supply

The term supply means the quantity of goods that the supplier is willing to offer for sale at definite price and time.

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