Know About The Curves In Economics
September 22, 2022 ⚊ 1 Min read ⚊ Views 102 ⚊ EDUCATION
Curves in economics describe relationships between quantities and prices. Quantity can refer to the amount of a good or service, like hotel rooms or labor hours. It can also refer to the price per unit of the product or service. Sometimes, quantity is also called demand, because of the relationship between the quantity demanded and the price per unit.
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