(Answered) What is the difference between a movement along and a shift

Economics

What is the difference between a movement along and a shift of the demand curve? What is the effect on the equilibrium price and quantity that results from an increase in demand, supply, and both? Provide examples for each instance. What is the role of supply and demand in decision making? Provide a real-world example.

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Macroeconomics, Economics

Category:- Macroeconomics
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