Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
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Chapter 4, Problem 24QE

(a)

To determine

The impact of an increase in the demand for pencils on the price of pencils.

(b)

To determine

The impact of an increase in the supply of labour on the quantity of labour demanded.

(c)

To determine

The impact of an increase in aggregate saving on aggregate expenditures.

(d)

To determine

The impact of a new method of producing CDs on the price of CDs.

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