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a . Define what is a change in the quantity demanded of a good or service, grap

by | Sep 1, 2022 | Economics | 0 comments

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a . Define what is a change in the quantity demanded of a good or service, graphically illustrate said change. b. List the factors that influence purchase plans and modify demand. Indicate , for each factor , if they increase or decrease it . c. Define what is a change in the demand for a good or service. Graphically illustrate said change. The market Answer : a . Define what a change in the quantity supplied of a good or service is. Illustrate this change graphically. b. List the factors that influence purchase plans and modify supply. Indicate , for each factor , if they increase or decrease it . c. Define what is a change in the supply of a good or service. Illustrate this change graphically Answer : a . What is the equilibrium price of a good or service? b. When does a shortage occur? c. What happens to the price when there is a shortage? d. When does a surplus occur? C. What happens to the price when there is a surplus?

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