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Determine the extent to which price and nonprice factors affect the supply and demand of a company's products or services by applying elasticity concepts x
Determine the extent to which price and nonprice factors affect the supply and demand of a company's products or services by applying elasticity concepts x Predict the effect of changes in supply and demand on the market equilibrium to inform business decisions x Analyze the factors that affect the combination of inputs in the production function of products or services for informing production decisions.
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