One of the graphs in Figure 1.116 is a supply curve, and the other is a demand curve
Chapter 1, Problem 33(choose chapter or problem)
One of the graphs in Figure 1.116 is a supply curve, and the other is a demand curve. Which is which? Explain how you made your decision using what you know about the effect of price on supply and demand. quantity p0 price (a) q1 p1 quantity price (b) Figure 1.116 3
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