state the law of supply and draw to describe the law.

Q1. demand curves move upwards from left to right however these are exceptions and abnormal demand curves occur state this exceptions.

Q2. state the law of demand and 5 determinants of the law.

Q3. state the law of supply and draw to describe the law.

Q4. explain the concept of choice and explain how consumers and producers exercise the concept of choice.

Q5. discuss the advantages and disadvantages of free market economic system.

 

 

 

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