Question: 01. What is the shape of the short-run and long-run demand and supply curves? 02. What

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Question: 01. What is the shape of the short-run and long-run demand and supply curves?

02. What items determine the slope of the demand curve?

03. Discuss what causes shifts in the aggregate demand curve.

04.. Discuss what causes shifts in the aggregate supply curve

05. Select at least two companies or industries impacted by COVID-19.

06. What are their products/services?

07. Explain whether their demand or supply curve was impacted and which direction the shift.

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 26, 2024 12:41 AM

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Question: 01. What is the shape of the short-run and long-run demand and supply curves? 02. What

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1 Shape of Shortrun and Longrun Demand and Supply Curves In the short run both demand and supply curves can be upward or downward sloping depending on ... View the full answer

Microeconomics An Intuitive Approach with Calculus

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