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answer the following questions in the paragraphs below the figures: . What impact do policy interventions have on the supply and demand equilibrium for a

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answer the following questions in the paragraphs below the figures: . What impact do policy interventions have on the supply and demand equilibrium for a product? Provide specific examples from the simulation to illustrate. . What are the determinants of price elasticity of demand? Identify at least three examples. Based on the outcome of the simulation, explain how price elasticity can impact pricing decisions and total revenue of the firm. Based on the results of the simulation, can policy market interventions cause consumer or producer surplus? Explain why using specific reasoning. 1. Production, Entry, and Exit: Discuss the Production, Entry, and Exit simulation that you played in Module Five. Add the Aggregate Outcomes chart from your simulation report into the project template as Figure 3.1. Then, answer the following questions in the paragraphs below the figure: . Analyze a business owner's decision making regarding whether to enter a market For example what factors

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