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Supply and Demand

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During the energy crisis in the United States there was a vigorous public campaign to encourage consumers to conserve on their electricity use. People did reduce their demand for electricity and ended up paying higher prices. How could such a thing happen?

Not familiar with this, wanted some help to formulate a good essay.

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The solution discusses how demand can be reduced but people still end up paying higher prices.

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You are given that the supply and demand of electricity decreased. When both the supply and demand of any ...

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