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the market demand is curved from the top left to the bottom right hand side corner.

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14y ago

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Movement along a demand curve?

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What is static equilibrium in economics an show it graphically?

Static equilibrium in economics refers to a situation where the demand for a product equals its supply in a given market at a particular point in time, resulting in no incentive for price changes. Graphically, static equilibrium is shown at the point where the demand curve intersects the supply curve, indicating a stable market price and quantity.


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The demand curve any monopolist uses in making output decisions is?

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