By Tammy Griffin,2015-01-31 17:56
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Review Outline for Microeconomics Please make sure to understand the following issues, but not by rote. 1. Shifts in the demand curve: causes and outcomes. 2. how supply and demand together set the price of a good and the quantity sold. 3. the meaning of the elasticity of demand. 4. determinants of the price elasticity of demand. 5. elasticity and total rev..

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