A
market refers to an institution characterized by the market forces namely
demand and supply. It is also defined as a situation where buyers and sellers
can be in touch with each other to buy and sell some commodities.
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Keywords:
Demand
Types of Demand
Supply
Equilibrium
Movements and shifts in demand/supply curves
Sources of shifts in market demand
curves
Price floor or minimum price
Price elasticity of demand
Substitutes goods
Complementary Goods
Income Elasticity
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