Fundamental Economic Concepts

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Fundamental Economic Concepts” Please respond to the following: Pick a recently released good or service. Then, determine the factors that must be evaluated regarding the product’s supply and demand. Analyze how these factors impact the decision to supply the product indicating the significance of each in the decision-making process. Using the same product example above, discuss how the risk-tolerance factors affect supplying the good or service and how this should influence management’s decisions.

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