What might have caused the changes in supply and demand outlined? Outline the various reasons (i) why demand might decrease in this manner and also (ii) why supply might increase this way. Incorporate your supply and demand Excel chart that shows the shifts of the supply and demand curves, and you should tie that chart to your answer.

Answer rating: 100% (QA)

Answer To address changes in supply and demand lets consider a hypothetical scenario involving the market for electric vehicles EVs Well examine poten... View the full answer