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earnstyle [38]
1 year ago
6

Suppose that both of the events you have just analyzed are partly responsible for the increase in the price of hamburgers. Based

on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of hamburgers?.
Business
1 answer:
MatroZZZ [7]1 year ago
4 0

It is likely that the increase in the price of hamburgers is related to the fact that demand is greater than supply.

<h3 /><h3>What is the law of supply and demand?</h3>

It is an economic approach to understanding the economic factors that influence the quantity of a product supplied in a market and its price.

Therefore, when there is more demand than supply for a good available in the economy, it means a situation of scarcity, which makes prices rise.

Find out more about law of supply here:

brainly.com/question/26374465

#SPJ1

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3 years ago
Barter is the exchange of goods and services for goods and services without the use of money. any exchange, with or without the
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c. the exchange of goods and services for goods and services without the use of money

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Barter the exchange of goods and services for goods and services without the use of a medium of exchange such as money.

In a barter, money doesn't change hands.

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I hope my answer helps you

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