Here's an explanation and graphs of a competitive market.
1. Provide examples of a variable that affect the supply curve and a variable that affects the demand curve.
2. Think of a product or service that use in your everyday life or workplace. Describe how the supply or demand of this product might be changed.
1. Provide examples of a variable that affect the supply curve and a variable that affects the demand curve.
2. Think of a product or service that use in your everyday life or workplace. Describe how the supply or demand of this product might be changed.
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