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Render this image in . This is a file from the ... English: Illustrates the intersection of supply and demand curves as the free market equilibrium. Date:
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Changed "taxation rate" line to "tax rate" range, color-coded text for supply and demand curves, removed the words "curves" (redundant) 13:26, 19 March 2008: 350 × 350 (12 KB) VBGFscJUn3 (talk | contribs) As before, but moved Supply Curve text to the right and updated licensing information to allow for older versions of Creative Commons.
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Supply chain as connected supply and demand curves. In microeconomics, supply and demand is an economic model of price determination in a market.It postulates that, holding all else equal, the unit price for a particular good or other traded item in a perfectly competitive market, will vary until it settles at the market-clearing price, where the quantity demanded equals the quantity supplied ...
Demand curves can be used either for the price-quantity relationship for an individual consumer (an individual demand curve), or for all consumers in a particular market (a market demand curve). It is generally assumed that demand curves slope down, as shown in the adjacent image.