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Demand-Supply curve

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Need assistance with trying to find the central tendacy of an equation.
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Demand-Supply curve is depicted.

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Demand-Supply curve

(see attached file for diagram)

In a demand and supply diagram the x-axis is quantity and the y-axis is price. The two curves are aggregate demand and aggregate supply. Here Aggregate demand is the total output demanded in an economy at a given price level whereas the aggregate supply curve is the total quantity produced in an economy at a given price level. The ...

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  • MBA, Indian Institute of Finance
  • Bsc, Madras University
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