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Describe law of supply and law of demand (draw graphs too) Describe a good supply and demand condition for a business. Describe the paradox of
- Describe law of supply and law of demand (draw graphs too)
- Describe a good supply and demand condition for a business.
- Describe the paradox of diamonds and water with respect to supply and demand.
- Describe what factors shift the supply and demand curves.
- Graph and describe a shortage, and do the same for a surplus.
- Draw and describe simultaneous shift of supply and demand
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