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2.3.2 Price, demand, and quantity

Unit 2.3.2 - Price, demand, and quantityThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to draw and interpret appropriate diagrams related to demand by understanding the relationship between price, demand, and quantity. This includes being able to illustrate movements along a demand curve, with appropriate terminology such as extensions and contractions in demand.A demand curve is a diagrammatic...

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