Theory and Examples

Finding a curve Find the equation for the curve in the xy-plane that passes through the point (1, -1) if its slope at x is always

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ECON 203 Lecture Notes 9/6: Chapter 4: Supply and Demand and the Market Forces ● Before Anything, lets define some basic terms about markets and competition ○ Market: Collection of buyers and sellers of a certain good or service ○ Competitive market: A market with many buyers and sellers, in which case each can have an effect on the...