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Supply & Demand (12 Marks, LO1 and LO2) (Suggested word count: 300) Explain the law of demand. In application to Allen & Co., using a

Supply & Demand (12 Marks, LO1 and LO2) (Suggested word count: 300) Explain the law of demand. In application to Allen & Co., using a supply and demand diagram explain what will happen from a demand perspective if the Londoners purchase less second-hand cars. Analyse the impact on Allen & Co

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