Here's an explanation and graphs of a competitive market.- http://www2.harpercollege.edu/mhealy/eco212i/lectures/ch3-18.htm 1. Provide at least one example of
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Here's an explanation and graphs of a competitive market.- http://www2.harpercollege.edu/mhealy/eco212i/lectures/ch3-18.htm
1. Provide at least one example of a variable that affects the supply curve and at least one example of a variable that affects the demand curve.
2. Think of a product or service that you use in your everyday life or workplace. Describe how the supply or demand of this product might be changed.
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