Supply and demand.

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1. Supply and demand. Being a very broad topic, supply and demand can be applied almost to anything. In case of microeconomics talk about how the change of demand influence the work of small businesses or different factors of supply and demand on example of small areas. Example: a) Measures of decreased demand for fruits in winter times and its influence on small shops, b) How soon the change of demand influences the change of price (on the example of your local shop) Textbook Used: Economics, 11th Edition – Roger Arnold ISBN-10: 113318975X

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