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Linear Demand Equations - part 1(NEW 2016)

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Jason Welker

This is an update to the 2012 version of the lesson introducing how to determine an equation for demand using price and quantity data from a demand schedule or a demand curve. In parts 2 and 3 of this lesson we'll examine how changes in price and the nonprice determinants of demand will lead to movements along a demand curve or a change in the 'a' and 'b' variables and a shift in demand.

Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870

posted by hawermout2y