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Describe how equilibrium is found

Assignment Help Macroeconomics
Reference no: EM132994949

This assignment focuses on demand, supply, and equilibrium. Let's start with the basics.

Question 1: Explain the difference between a movement along demand and supply curves and a shift of demand and supply curves.

Question 2: What can cause the above situations? Provide an example for each.

Question 3: Describe how equilibrium is found.

Question 4: Describe how a shift of the demand or supply curve can affect equilibrium.

Reference no: EM132994949

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