Mind map for determination of prices.
- Created by: Joe Hicks
- Created on: 08-06-15 16:37
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- Determination of prices in competitive market
- Supply
- Demand
- Leftward shift
- A left shift decreases demand and ultimately lowers price
- Rightward shift
- A right shift increases demand and ultimately increases price.
- Leftward shift
- Rightward shift
- Demand
- Supply
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