Saturday, January 26, 2008

Unit 1: The demand for doughnuts

This article from the Times says Dunkin Donuts is expanding in to China

http://business.timesonline.co.uk/tol/business/industry_sectors/consumer_goods/article3254214.ece

a) Using the determinants of demand, explain why demand for doughnuts in China may be increasing
b) Show this effect on a demand diagram

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