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2.3.1 Individual & market supply

Topic 2.3.1 - Individual and market supply This section of the Cambridge IGCSE Economics (0455) syllabus requires students to be able to define supply, as well as draw and interpret appropriate supply diagrams. Supply refers to the willingness and ability of firms to sell a good or service at different prices, for a given time period. In general, firms have a greater incentive to sell their products at higher prices....

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