Question: Suppose a dramatic event causes an equally dramatic price change as a result of a shift in supply, demand, or both. Briefly describe how this

Suppose a dramatic event causes an equally dramatic price change as a result of a shift in supply, demand, or both. Briefly describe how this price change works to inform and adjust the behavior of two groups: Buyers and Sellers. What would happen if there was no price-change signal (i.e. the price remained unchanged)? You may use a real or imagined example

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