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Supply, Demand, and Government Policies

6. Supply, Demand, and Government Policies. Supply, Demand, and Government Policies. In a free-market system, the prices of goods and the quantities traded are determined by market forces See chapter 4 While the market outcome may have desirable properties, not everyone may be happy with it

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P1 demand q1 figure - PowerPoint PPT Presentation

Supply, Demand, and Government Policies