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Mkey [24]
3 years ago
12

Why is Supply and Demand a very important concept to microeconomics please state your reasons and why?

Social Studies
1 answer:
puteri [66]3 years ago
8 0

Answer:

Supply and demand are both important for the economy because they impact the prices of consumer goods and services within an economy. According to market economy theory, the relationship between supply and demand balances out at a point in the future; this point is called the equilibrium price.

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2 years ago
_____ is the tendency to experience stronger negative emotions when losing something of value than the positive emotions experie
shepuryov [24]

The correct answer is Prospect theory effect

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3 years ago
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ivolga24 [154]

It's the Southern Colonies.

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What I'm seeing is cotton, which was grown by the Southern Colonies.

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3 years ago
A DEBENTURE is defined as a long-term note that is not secured by a specific property. When the lender holds the security so tha
Aleks [24]

Answer:

The correct answer is a collateralized loan.

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