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The Interrelationships Between Markets

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Location: Go to Material
Material Type: Simulation
Date Added to MERLOT: July 09, 2002
Date Modified in MERLOT: January 05, 2009
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Virtual Learning Arcade
Submitter : Cathy Swift

Description:
The objective of this simulation is to illustrate how changes in the demand and supply conditions in one market can influence the demand and supply conditions in other markets. This simulation focuses on how changes in the coffee market will influence the equilibrium price and quantity for tea and milk.

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More information about this material:
Primary Audience: College General Ed
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: no
Copyright: yes
Creative Commons: unsure

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Learning Exercises (1)
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