missypick3692 missypick3692

15-02-2024
Business

contestada

Draw a supply and demand diagram and illustrate the following scenarios:
a. What happens when there is an increase in demand with supply remaining constant?
b. What happens when there is an increase in supply with demand remaining constant?
c. What happens when there is a simultaneous change in both supply and demand?
d. What happens when there is a decrease in demand with supply remaining constant?

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