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The document covers the concepts of demand and supply in business studies, focusing on demand schedules, curves, and the law of demand, which states that higher prices lead to lower quantities demanded. It also discusses supply, including types of supply, factors influencing supply, and the law of supply, which indicates that higher prices result in higher quantities supplied. Additionally, it explains movements along and shifts in demand and supply curves, along with relevant examples and assignments for l

Author

DAUDI KOSKEI

Language

EN