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need help in economics 1. Give examples of two situations that would cause a change in supply. 2. Give examples of two situations that would
need help in economics
1.Give examples of two situations that would cause a change in supply.
2.Give examples of two situations that would cause a change in demand.
3.When the amount demanded is equal to the amount supplied, we have market_________________.
4.Explain how each of these affect wages.
- Productivity -
- Law of Supply and Demand -
- International Competition -
- Globalization -
- Technology -
5.Describe these periods in the market cycle:Boom, Bust and Recovery.
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