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• 05:13, 19 December 2025 LettieBeamont talk contribs created page Degree H2 IB Economics By The Business Economics Tutor TET . (Created page with "On the other hand, during an economic downturn or times of economic recession, a firm must consider focusing on the production of typical need items (for which the decrease sought after is much less than proportionate), or perhaps substandard goods (whose demand actually boosts).<br><br>7. With the same amount of increase in independent spending from AD1 to AD2, the preliminary rise in revenue, generates even more costs, producing more income, and through more rounds of...")