Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply, price and quantity Scenario 1: Market for 21 ft Ladders 20 FooT HIGH BORDER FENCE 21-FOOT LADDER RENTALS OPEN SOON Impact on demand Choose... Impact on supply Choose... Impact on price Choose... Impact on quantity Choose... 田

Q: Carefully explain what is happening in the following markets. Indicate the impact if any on demand,…

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