Question: how do i do this 4. Using appropriate diagrams, explain the dynamics of how a permanent increase in demand will affect prices and profits in

how do i do this how do i do this 4. Using appropriate diagrams, explain the dynamics

4. Using appropriate diagrams, explain the dynamics of how a permanent increase in demand will affect prices and profits in a perfectly competitive market. Explain how you could use a 'hit-and-run business strategy to exploit your knowledge of these patterns. What might prevent the 'hit and run strategy from being effective

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