Question: How does each event affect the demand and or supply determinant. People decide to have more children. The price of electric small cars falls. The

How does each event affect the demand and or supply determinant.

People decide to have more children.

The price of electric small cars falls.

The discovery of a new source of iron ore lowers steel prices.

An economic recession lowers people's wealth.

A number of major car dealers decide to switch from selling gas-powered cars to selling electric cars.

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