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Recognize how changes in supply and demand affect market outcomes and explain the effect of government regulation on prices?
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Recognize how changes in supply and demand affect market outcomes and explain the
effect of government regulation on prices?
How Changes in Supply and Demand affect Market Outcomes
The law of supply and demand is one of the most core economic theories. This law
explains the relationship between supply and demand. Also, the theory explains how that
correlation affects the price of various goods and services. As per this principle, when ...
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