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Discuss the determinants of demand and supply

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Reference no: EM133081730

1. Discuss the determinants of Demand and Supply and include their relationships with Quantity demanded and Quantity supplied.

2. Discuss the concepts of "Price above equilibrium" and "Price below equilibrium" with respect to 1) their impact on equilibrium, 2) provide an example for each, and 3) what policies are they used to rectify?

Reference no: EM133081730

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