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6. Demand, Supply, Market Equilibrium v. Demand: i. Please Thoroughly and completely define demand. ii. Please state the law of demand. ili. List and thoroughly
6. Demand, Supply, Market Equilibrium v. Demand: i. Please Thoroughly and completely define demand. ii. Please state the law of demand. ili. List and thoroughly explain the 3 factors that support the law of demand. Be sure you explain how each actually supports the law of demand. 2. Don't just copy from the slides, explain what they actually mean
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