After a holiday stores begin to offer temporary discounts, Ask an Expert

Economics

After a holiday stores begin to offer temporary discounts for many goods. Can you explain why they offer the discounts? What can we say is happening to the Demand or Supply curve for prices to come down? What can we say about how consumers react to the lower price?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9678342

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