Explain impact on the behavior of buyers and sellers
Defining demand and supply, why do you think economists focus on price while holding constant other factors that might have an impact on the behavior of buyers and sellers? Why is it necessary for price to serve this function in the market economy?
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Defining demand and supply, why do you think economists focus on price while holding constant other factors that might have an impact on the behavior of buyers and sellers?
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Pam AM has begun discussions with Sabre, Inc. to outsource engine overhaul. The plan is to begin the relationship in 2012. If Sabre, Inc. is less expensive, why doesn't Pam Am begin outsourcing immediately?
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