BEO1105 Supply Analysis BEO1105 ASSIGNMENT (20%) SEMESTER 1, 2017 Total = 25 marks. Marks will be converted to 20 per cent. QUESTION 1 Ceteris paribus, assume a global shortage of petrol has resulted in a doubling of petrol prices. Use graphical demand and supply analysis to support your explanation of the impact on equilibrium price […]
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