| 1. | Where is the seminal experimental evidence for those supply and demand curves?
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| 2. | The nominal factors that determine inflation affect the aggregate demand curve only.
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| 3. | Firms operating as monopolies or in imperfect competition face downward-sloping demand curves.
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| 4. | It is identified by the intersection of the supply and demand curves.
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| 5. | As the aggregate demand curve is shifted outward, the general price level increases.
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| 6. | In this way he identified the demand curve as the marginal utility curve.
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| 7. | The demand curve is highly elastic although not " flat ".
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| 8. | A monopoly has a negatively sloped demand curve, not a perfectly inelastic curve.
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| 9. | The equilibrium price is at the intersection of the supply and demand curves.
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| 10. | Consumer surplus is the area between the price line and the demand curve.
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