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-In Figure 11.1, an increase in the marginal propensity to consume is represented by a change in the consumption function from
Demand
The level of demand for a good or service, depending on consumers' readiness and capacity to buy at various prices.
Equilibrium
A state in an economy or market where demand equals supply, and there is no tendency for change.
Complements
Goods or services that are used together, where the increase in the demand for one leads to an increase in the demand for the other.
Substitutes
Goods or services that can replace each other in usage, providing similar utility to the consumer.
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