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Tagged with macroeconomics supply-and-demand
4 questions
1
vote
3
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571
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The law of supply and demand - How does it work?
I've learned what the principle of supply and demand says, and would paraphrase it like this:
The price of a good is at equilibrium when supply and demand are
equal.
Or with other words:
The price ...
4
votes
2
answers
220
views
Re-evaluation of Consumer Price Index (C.P.I.) weights
How are the weights of the various household items in the Consumer Price Index (C.P.I.) basket decided, i.e., how are they re-evaluated every year? Is it done manually or automatically?
If its done ...
- 175
1
vote
0
answers
2k
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How price and quantity of ice cream sold changes when the price of yogurt reduces?
I am a newbie at economics and would appreciate help from the community.
Question
Use the model of supply and demand to explain
how a fall in the price of frozen yogurt would
affect the price of ...
1
vote
2
answers
57
views
Industries that thrive in crisis like COVID 19
I am aware that some industries thrive during crisis times like COVID 19...Food supplies, medical, counselling, funeral services, liquor etc.
Are there any other industries that may do well during ...