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TOPICS COVERED ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DEMAND ,[object Object],[object Object],[object Object],IF ALL 3 THINGS ARE THERE THEN PETROL IS THE DEMAND OF THAT PERSON.
Law of Demand ,[object Object],[object Object]
Curve of Law of Demand PRICE QUANTITY 5 10 4 20 3 30 2 40 1 50
Law of Supply ,[object Object],[object Object]
Curve of Law of Supply  PRICE QUANTITY 5 50 4 40 3 30 2 20 1 10
Equilibrium:- ,[object Object],[object Object],[object Object]
Curve of Equilibrium PRICE QUANTITY DEMANDED QUANTITY SUPPLIED 5 10 50 4 20 40 3 30 30 2 40 20 1 50 10
Shortage and Surplus ,[object Object],[object Object],[object Object],[object Object]
Shift in the Demand Curve ,[object Object],[object Object],[object Object],[object Object],[object Object]
Shift in Demand curve
Equilibrium After a Demand Shift
Shift in Supply Curve ,[object Object],[object Object],[object Object],[object Object]
Shift in Supply Curve
Equilibrium After a Supply Shift
CASE STUDY ,[object Object],[object Object],[object Object]
Continued…. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Continued….. ,[object Object],[object Object],[object Object],[object Object]
E1 SUPPLY1 DEMAND 1 1.4 QUANTITY PRICE E2 SUPPLY2
LIVE EXAMPLE:- ,[object Object],[object Object]
EFFORTS OF:- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Demand And Supply