what are the two famous models in economics?

the most famous models and their graphical representations

2006-12-12 02:28:38 · 1 answers · asked by black boy 1 in Education & Reference ➔ Homework Help

1 answers

One is the supply and demand curves. With price on the y axis and quantity on the x axis. the supply curve slopes up and the demand slopes down.

Not sure what the second one would be

2006-12-12 02:32:09 · answer #1 · answered by auequine 4 · 0⤊ 0⤋

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