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Can you please help me in demand and supply assignment. The following guidelines will assist you: Make the connection with the demand and the supply.
Can you please help me in demand and supply assignment.
The following guidelines will assist you:
- Make the connection with the demand and the supply.
- Use your own examplesto presentall possible variations of the determinants(both demand and supply); for example, if income increases, what happens to the demand?
- More specifically,use figures to present the changein the determinant.
- Present only the one case of the determinants; for example, if you present the determinant of income increase, you don't have to present the opposite (decrease).
- Give examples how the determinants of demand and supply affect the economic agents and their decisions. In doing so, have always in mind to analyse the behaviour of economic agents and the impact on their economic decisions using problem solving techniques.
At the end, my expectations are 12 figure examples.
- 6 examples in demand (tastes, income, expectations, other goods: - substitutes - complements and number of buyers)
- 6 example in supply (technology, factor costs, taxes and subsidies, expectations, other goods and number of seller)
Attached 4 pictures which are going to support you.
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