How do the concepts of microeconomics help you understand the factors that affect shifts in supply and demand on equilibrium price and quantity?
Microeconomics and the Laws of Supply and Demand Complete the Supply and Demand Simulation located on the student website. Write a 700 – 1,050-word paper summarizing the content of the simulation, and address the following: Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these selected principles […]
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Date: February 21st, 2015