Distinguish the effect of a shift factor of demand on the, Econometrics

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Distinguish the effect of a shift factor of demand on the

1. List four shift factors of demand and explain how each affects demand.

2. Distinguish the effect of a shift factor of demand on the demand curve from the effect of a change in price on the demand curve.

3. State the law of supply. Why is price directly related to quantity supplied?

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Econometrics: Distinguish the effect of a shift factor of demand on the

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Econometrics: Distinguish the effect of a shift factor of demand on the

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