Need assistance with trying to find the central tendacy of an equation.
Please provide examples for my future references?
(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 ...
Demand-Supply curve is depicted.