InterviewSolution
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InterviewSolution
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2. Distinguish between endogenous and exogenous forces. Who want to talk me i am alone |
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Answer» consider what factors will shift a demand curve, we need to MAKE a distinction between the endogenous factors (those contained in the MODEL) and exogenous factors (those occurring outside of the model). The easiest way to TELL the difference between endogenous and exogenous factors is to LOOK at the graph. |
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