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Changes to supply and demand

This lesson explains the concept of a shift in demand and supply and makes the distinction between a movement and a shift. I find that there are a few issues with supply and demand that students will often get confused. Firstly, students forget that supply and demand are different and not dependent on each other. You can have companies willing and able to supply without any demand as well as consumers willing and...


Tags: shifts, movements, extension, contraction

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