12
AssignmentMultiple Select

The Law of Supply and Demand

Question 12 • Fall 24 Personal Finance and Economics IC

Supply and demand are powerful forces in a free market.In four to five sentences, explain some of the factors that cause shifts in supply and demand and what the effects of these shifts are.

Answer
A
the definition of supply shift
B
the definition of demand shift
C
causes of both supply and demand shifts
D
the impact of both supply and demand shifts