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Question Four a)State the Law of Demand( 1 Mark) b)State and explain the determinants the of Demand (10 Marks) c)State and explain the determinants of

Question Four

a)State the Law of Demand( 1 Mark)

b)State and explain the determinants the of Demand (10 Marks)

c)State and explain the determinants of elasticity of demand (4 Marks)

d)With aid of diagrams, briefly explain the difference between movements along the demand curve and shifts in the demand curve (5 Marks)

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