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Harvard University *

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3

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Economics

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Feb 20, 2024

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1

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):41PM 4ThehgeR dfhe bottle company hears a forecast for a heat Wave for the metro area early next week. @D = © 15% ( Economic Reason: 5. The state of Colorado announces higher taxes on gasoline to cover road repairs. A. Economic reason: Now create five of your own demand/supply shift scenarios. Use the given product and economic issue causing the shift. Explain if the scenario requires a demand or supply shift and the economic reasoning for any changes. Be specific. Note: Make sure these scenarios are originals. 1. Product: mountain bikes Graph Issue: bike tires Describe scenario: 2. Product: DVDs Issue: amount of money that consumer have available Describe scenario: Graph
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