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Market forces of demand and supply

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Market Forces of Demand and Supply

a) Does the market demand curve different from an individual demand curve? Does the market demand curve always slope downward to the right? If your answer is yes, discuss. If your answer is no, discuss.

b) Is there a difference between a movement along a demand curve and the shift of the demand curve? If yes, explain. If no, explain.

c) Do you believe that managers are always interested in the concept of consumer surplus? Discuss.

Reference no: EM131357538

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