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Example of how price elasticity of demand affects a consumer

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The concepts of microeconomics helps one understand factors that affect shifts in supply and demand on equilibrium price and quantity.

The concepts of macroeconomics helps one understand factors that affect shifts in supply and demand on the equilibrium price and quantity

Example of how price elasticity of demand affects a consumers purchasing and the firm's pricing strategy as it relates to the video, Changes in Market Equilibrium

 

Reference no: EM13888610

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