Question: Question: Given the products below and the events that affects them, indicate what happens to demand or supply and the equilibrium price and the quantity

Question:

Given the products below and the events that affects them, indicate what happens to demand or supply and the equilibrium price and the quantity in a competitive market. identify the determinant of demand or supply that causes the shift.

a) sports action camera such as GoPro and DJI. There are improvements in technology that increases the economic efficiency of production.

b) Sugary drinks. the government imposes a significant tax on sugary drinks

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