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Describe what happened to the price and quantity

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Reference no: EM133131541

Explain a product or service for which the demand shifted over the past two years.

Explain a product or service for which the supply shifted over the past two years.

Describe what happened to the price and quantity of each when the shift in demand/supply occurred.

Explain what changes in price might tell managers in a free market economy.

Reference no: EM133131541

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