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1.2 The market - Coggle Diagram
1.2 The market
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1.2.3
Markets
The drawing and interpretation of supply and demanddiagrams to show the causes and consequences of price changes
If demand shift to the right, demand is increasing and to the left, it is decrease. If supply shifts to the left, increase and to right, decreases
Here the equilibrium point is displayed where supply (S) and demand (D) intersect. This creates the market price (Pe) and market quantity (Qe).
