Principles of Microeconomics (Second Edition)
2nd Edition
ISBN: 9780393623840
Author: Lee Coppock, Dirk Mateer
Publisher: W. W. Norton & Company
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Chapter 3.A, Problem 1SP
(a):
To determine
Impact of higher shift in
(b):
To determine
Impact of lower shift in demand over price and quantity.
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Assume that supply for cars increases for any given price and, at the same time, the demand for cars reduces for any given price. You can predict:
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Principles of Microeconomics (Second Edition)
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