Why do supply and demand curve slope in opposite directions, Microeconomics

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Why do supply and demand curve slope in opposite directions

Question 1: What does the Law of Supply state?

Question 2: Why do supply and demand curves slope in opposite directions?

Question 3: How is the elasticity of supply affected by the way a product is produced?

Question 4: Explain the difference between a total product and a marginal product.

Question 5: What is the difference between a fixed cost and a variable cost?

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Microeconomics: Why do supply and demand curve slope in opposite directions

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Microeconomics: Why do supply and demand curve slope in opposite directions

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