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Neoclassical economics

society Maturity 13-18

People buy and sell many things.

Supply-demand-equilibrium.svg
Supply-demand-equilibrium.svg
Sellers have things to sell. Buyers want to buy them. They work together to pick a price. This helps us get what we need. It is how we use what we have. Do you like to shop?

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File:Supply-demand-equilibrium.svg
Supply-demand-equilibrium.svg
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📚 Content adapted from Wikipedia | Readability: FK 15.5 | Vital Level 5