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I'm doing a project on the Freestyle Market. I have answered most of the questions in a Powerpoint though I would like some suggestions or answers to the following questions.
What are the good and bad effects of market changes on economic decisions and resource allocation within your market?
How does price influence the supply of an item within your market? Explain the law of supply with relation to your market? What happens to market surplus? What changes may upset supply? what will happen to the equlibrium price and quantity?
These are the two questions I'm really having trouble with. +Karma to good answers.