Analyzing number of event that influences market
How can we analyze the number of event that influences the market?
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To analyze how many event influences the market, we simply use the supply-and-demand diagram to observe how the event influences equilibrium price and quantity. To do this we pursue three steps. At First, we decide whether the event shifts the supply curve or the demand curve or both. Secondly, we decide in which direction the curve shifts. Thirdly, we compare the latest equilibrium with preliminary equilibrium.
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When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a rise in demand is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D. Discover Q & A Leading Solution Library Avail More Than 1426699 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1922300 Asked 3,689 Active Tutors 1426699 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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