2.3 Key terms
Unit 2.3 - Key termsAggregation is the mathematically technique of adding individual values to arrive at a total value.Complements are goods and services that are in joint demand, so customers purchase these together.The conditions of demand refer to the non-price factors or reasons that can cause a shift in the demand curve for a good or service.A contraction in demand refers to a decrease in the quantity demanded for...
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