Tamara bakes cheesecake for sale. She realises that the price of her flour has gone up. As a result, she increases the price of her cheesecake, but her customers bought less. Explain TWO (2) other factors that can affect her business the way the increase in theprice of flour just did
Tamara bakes cheesecake for sale. She realises that the price of her flour has gone up. As a result, she increases the price of her cheesecake, but her customers bought less. Explain TWO (2) other factors that can affect her business the way the increase in theprice of flour just did
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter4: Demand, Supply, And Markets
Section: Chapter Questions
Problem 2QFR
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Tamara bakes cheesecake for sale. She realises that the
result, she increases the price of her cheesecake, but her customers bought less.
Explain TWO (2) other factors that can affect her business the way the increase in theprice of flour just did
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