What effects does this have on the price of goods within


Problem

A reasonably competitive market experiences brief, minor shortages and surpluses. What effects does this have on the price of goods within that market? Why might the price of some goods increase far more dramatically than others (think last chapter's concepts)? Why might consumer decisions be more noticeable in the sales of some goods but not others? What concept this illustrate?

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Microeconomics: What effects does this have on the price of goods within
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