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Explain the law of demand. What are the factors of demand? How do they affect demand and the demand curve? Apply this understanding to your

  • Explain the law of demand. What are the factors of demand? How do they affect demand and the demand curve?
    • Apply this understanding to your analysis of sugary drinks industry in Singapore. Examine possible factors that can affect its demand.
    • You should include appropriate research or examples; and make relevant assumptions.
    • Use clearly labelled graph(s) to show the explanation.

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