Supply, Demand and Price Elasticity Paper
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Supply, Demand and Price Elasticity Paper


  • College
  • 224

Short excerpt:

Gold is a commodity which has various demand and supply factors which may influence its market price in the free market economy. Demand for gold will be the quantity that the people will be willing and able to buy at various rates. The quantity demanded for gold may depend on three major factors ornaments and industry, financial market, and speculation.

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