S E10: Equilibrium - Balance in a Busy World
Think Like An Economist
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Will Demand and Supply Change?
If other things change the market, price will change too. A rise and income might cause a coffee lover who's earning more money to buy more coffees. Or, say, if tea becomes more expensive, people might start buying coffee instead of buying tea. Remember your best choice depends on others' choices - so expect tions about the future.
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