Produces and sells cleaning products

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Reference no: EM133082523

You are a manager in a firm that produces and sells cleaning products.

You need to report to the owners of the firm the effects of each of the following events on the market price and quantity of cleaning products.

Provide a graph and explain how each event is related to the supply and/or demand of cleaning products and the effect on the market equilibrium.

A report from health agencies stating that all surfaces must be cleaned daily to combat the pandemic

A decrease in the price of plastic containers used to package the cleaning products

The first two events happening simultaneously

Reference no: EM133082523

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