In economics, we relate the equity with fair distribution of income or goods and services to various groups of people within the economy. The supply is related with the wants of the customers.
When the customer buys the product…
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Besanko, David , et al., Micro Economics, Demand and Supply Analysis, Print.< http://books.google.co.in/books?id=978PKop7Cp8C&printsec=frontcover&dq=micro+economics+Besanko,+David&hl=en&sa=X&ei=QunuT_TUOsTnrAeKltm9DQ&ved=0CDUQ6AEwAA#v=onepage&q=micro%20economics%20Besanko%2C%20David&f=false>
Sexton, Robert, Exploring Microeconomics, Equilibrium price and quantity, South –Western, Cengage Learning,2011.Print.
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