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More cards in this set
Card 16
Front
How does an government subsidies lead to a shift in supply?
Back
Card 17
Front
What is market equilibrium?
Back
Card 18
Front
What might happen if the business sells their products at a price lower than the market equilibrium?
Back
Card 19
Front
What might happen if the business sells their products at a price higher than the market equilibrium?
Back
Card 20
Front
What usually happens when there is an increase in demand?
Back
Card 21
Front
What are some factors that may increase demand?
Back
Card 22
Front
What usually happens when there is an decrease in demand?
Back
Card 23
Front
Why might a decrease in demand occur?
Back
Card 24
Front
What usually happens when there is an increase in supply?
Back
Card 25
Front
Why might there be an increase in supply?
Back
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