The term determinates and it subsequent changes are related to the issues that would change (an increase or decrese) in either supply and demand. An example of a determinate in supply would be the available amount of resources or the input capacity of the industry. An example of a change or shift would be an increase in a fad, taste or preference of indivduals for items creating an increase in demand.
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"An example of a change or shift would be an increase in a fad, taste or preference of indivduals for items creating an increase in supply. "
ReplyDeleteDo you mean demand? Because this doesn't make much sense.