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Micro o Level

The document discusses the concepts of supply and demand, equilibrium price, and how various factors influence market dynamics. It highlights the effects of subsidies, taxes, and changes in consumer behavior on the equilibrium state of a market. Additionally, it addresses how shifts in supply and demand can lead to price fluctuations and market surpluses or shortages.

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tmuyambo875
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7 views14 pages

Micro o Level

The document discusses the concepts of supply and demand, equilibrium price, and how various factors influence market dynamics. It highlights the effects of subsidies, taxes, and changes in consumer behavior on the equilibrium state of a market. Additionally, it addresses how shifts in supply and demand can lead to price fluctuations and market surpluses or shortages.

Uploaded by

tmuyambo875
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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