Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![46.20-
price
0
a
f
b
C
g
die
ih
Supply 2021
Supply 2022
Demand 2021 = Demand 2022
quantity
The change in market conditions from 2021 to 2022 illustrated above could have
been caused by
a new tax being placed on the sellers of the good
a news report that highlights the adverse nature of the good
an increase in the number of buyers of the good
a decrease in the wage rate paid to the workers needed to produce the good](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1b815388-426e-431e-83e9-76e412c4fca2%2Fe6497147-f00b-4049-a507-75e6cf17b76e%2Fm5lydc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:46.20-
price
0
a
f
b
C
g
die
ih
Supply 2021
Supply 2022
Demand 2021 = Demand 2022
quantity
The change in market conditions from 2021 to 2022 illustrated above could have
been caused by
a new tax being placed on the sellers of the good
a news report that highlights the adverse nature of the good
an increase in the number of buyers of the good
a decrease in the wage rate paid to the workers needed to produce the good
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