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(Solved): (a) Distinguish between "change in demand" and "change in quantity demanded". (4 marks) (b) With the ...



(a) Distinguish between "change in demand" and "change in quantity demanded". (4 marks) (b) With the aid of appropriate and well labelled diagrams for each case, explair how the following changes will affect the market price of bread (assuming that th market is initially in equilibrium) i. An increase in the price of flour. (4 mar ii. A discovery of a new cheaper way of baking bread (4 ma iii. An increase in the price of beverages iv. A change in taste in favour of bread consumption 4



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