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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.

  1. Productivity -

  1. Law of Supply and Demand -

  1. International Competition -

  1. Globalization -

  1. Technology -

5.Describe these periods in the market cycle:Boom, Bust and Recovery.

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