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let me ask four questions : Define comparative statics analysis. How does it compare with sensitivity analysis or what-if analysis used in finance,
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let me ask four questions :<br/><br/><br/> <br/> -Define comparative

statics analysis. How does it compare with sensitivity analysis or what-if analysis used in finance, accounting, and statistics?
-Define demand. Define supply. In your answers, explain the difference between demand and quantity demanded and between supply and quantity supplied.
-List the key non-price factors that influence demand and supply.
-In defining demand and supply, why do you think economists focus on price while holding constant other factors that might have an impact on the behavior of buyers and sellers?

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Subject: Business, Economics

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