quantity demanded and supplied, this information can help industry and government to determine the company style and make decision when the changes happened in demand and supply. Table of Contents Executive Summery i 1.0 Introduction 1 2.0 Microeconomics 2 2.1 The Demand curve 2 2.1.1 The Income Elasticity of Demand 3 2.1.2 the Own Price Elasticity & Cross Price Elasticity of Demand 5 2.2 The Supply Curve 7 2.3 Equilibrium Price 9 3.0 Macroeconomics 10 3.1 Gross Domestic Product (GDP) 11 3.2 Inflation &…
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