(Answered) 1 you use the laws of supply and demand in your everyday

Management Studies

1. You use the laws of supply and demand in your everyday decision making. If a product is in short supply is typically priced higher because demand is greater. Can you relate this a purchase decision you've made in the past?

2. The Federal Government has offered home buyers a sizable tax credit. How do you think this has affected the housing market and the economy overall?

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