Describe the Difference Between Comparative and Distributive Justice

question 39

Essay

Describe the difference between comparative and distributive justice.

Comprehend how changes in expectations about future prices impact current demand and supply.

Recognize how various factors, including policy interventions, influence market demand and supply.

Understand the concepts of the law of supply and how it reflects on the supply curve.

Grasp how the market demand curve is derived and how individual and market demands interact.