Understand Demand and Supply
The Demand and Supply is one of fundamental concepts of economics that will help us understand about oil price in a free market environment. In order to give you a simple concept of demand and supply,...
View ArticleEffect of Demand Shifters
Demand changes can effect on quantity of supply in both positive and negative ways. For this time, we will look at 5 factors of demand shifters and how they affect on price and quantity of products in...
View ArticleEffect of Supply Shifters
Supply changes can affect on demand in positive and negative way. In this post, we will analyze 6 factors of supply shifters and how they affect on a new equilibrium point in the market. Six Demand...
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