scenario #1

an increase in demand has led to an increase in both price and quantity.

what product would you like to say this is for your example?

describe a change in the “real world” that would cause this kind of shift to happen in the market for the product you chose.

How has the elimination of trade barriers affected the movement of goods among member countries of the european union? a. member countries are able to produce all the goods they need. b. goods can move freely among member countries. c. member countries no longer need to trade with countries outside the eu. d. larger countries are able to import more goods than smaller ones.

The process of rocks breaking down and becoming other rocks

On a supply and demand graph, equilibrium is the point where the two curves meet. the supply curve begins. the supply curve ends. the demand curve ends.