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Analyse how a change in demand or supply in one market may have effects on other markets

      

Analyse how a change in demand or supply in one market may have effects on other markets

  

Answers


queen
A change in demand or supply in one market may have an impact on a range of other markets.
The markets most likely to be affected are:
• the market for substitute goods
• the market for complementary goods
• the market for goods which are in joint supply
• the markets for the factors of production used in this and other products
• the market for other goods for which this product is a factor input.
queen babito answered the question on July 9, 2018 at 06:02


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