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How does supply and demand, scarcity and economic measurement affect (LLC only) and as well as the costs associated with your business

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Answer: If you think the concepts of supply and demand are just relevant for macro economists, you’re probably missing a few ways to improve your small business. Understanding the importance of supply and demand in business terms will help you better plan your pricing, production and marketing.

Explanation: Put in your own words so that they dont see this answer because my teachers check the internet for plagiarism.

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