vpntoodank vpntoodank
  • 15-01-2020
  • Business
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he idea of supply and demand is based on the development of

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angelina4954
angelina4954 angelina4954
  • 19-01-2020

Answer:

In 1890, Alfred Marshall's Principles of Economics developed a supply-and-demand curve that is still used to demonstrate the point at which the market is in equilibrium. ... The prices of some goods can increase without reducing demand, which means their prices are inelastic.

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