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List and describe the three effects that help to explain why the aggregate demand (AD)curve slopes downward.
Unit Sales
The number of individual units of a product sold in a specific time period.
Contribution Margin Ratio
The ratio of Contribution Margin (sales minus variable costs) to sales revenue.
Target Profit
The specific amount of net income that a company aims to achieve within a certain time frame.
Monthly
Pertaining to or occurring every month, often used in the context of reporting, billing, or accounting periods.
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