aggregate demand and supply , Microeconomics

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using the aggregate demand and supply model (x axis is national output and y axis is price level)

if an economy is in a state of disequilibrium where supply is excess of demand using the model explain the process that the economy is likely to take in order to move to the equilibrium position where AS=AD

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illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination

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