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Katrina''s candies specifically

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Reference no: EM13150318 , Length: 584 words

"Fundamental Economic Concepts" Please respond to the following:

Answer the following discussions based on the Katrina's Candies scenario:
From the scenario for Katrina's Candies, examine the key factors affecting the demand for and the supply of a good in general and Katrina's Candies specifically. Distinguish between a change in demand and a change in the quantity demanded (movement along the demand curve).
From the above, indicate the factors that are responsible for a shift in demand; and explain how the change is effected by these factors.
Indicate the factors that are responsible for a shift in supply; and explain how the change is affected by these factors.


Attachment:- ECO550 Week 1 Scenario Script_1-16-13_Final (1).docx

Reference no: EM13150318

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