Role of supply and demand in decision making

Reference no: EM1374386

Discuss the difference between a movement along and shift of the demand curve? Demonstrate the impact on the equilibrium price and quantity that results from; [A] an increase in demand, [B] an increase in supply, [C] an increase in both supply and demand. Give an example of the role of supply and demand in decision making.

Reference no: EM1374386

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