Question: Using the demand and supply analysis, illustrate the graph and explain what might happen to the equilibrium price and equilibrium quantity in the following events:
Using the demand and supply analysis, illustrate the graph and explain what might happen to the equilibrium price and equilibrium quantity in the following events: 1.. In order to prepare the stock of eggs for Hari Raya, the producer of eggs has improved their technology in the production of eggs. What will happen to the market of eggs? (5 Marks) Il. Lemang is one of the traditional foods of Malaysia, lemang is considered a special food and people have it
b) Using the demand and supply analysis, illustrate the graph and explain what might happen to the equilibrium price and equilibrium quantity in the following events: 1. In order to prepare the stock of eggs for Hari Raya, the producer of eggs has improved their technology in the production of eggs. What will happen to the market of eggs? (5 Marks) ii. Lemang is one of the traditional foods of Malaysia, lemang is considered a special food and people have it during Hari Raya. What wili happen to the market of lemang during Hari Raya? ( 5 Marks) iii. Recently, a firm called Bulan Bintang has had a fashion show that hires many local artists to increase the awareness of their products "Baju Melayu" in Malaysia. What will happen to the market of Baju Melayu
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