=+6. If we can estimate, at least roughly, the supply and demand curves for a particular market,

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=+6. If we can estimate, at least roughly, the supply and demand curves for a particular market, we can calculate the market-clearing price by equating the quantity supplied with the quantity demanded. Also, if we know how supply and demand depend on other

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Microeconomics

ISBN: 9780134184241

9th Edition

Authors: Robert Pindyck, Daniel Rubinfeld

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