Microeconomics: Principles & Policy
14th Edition
ISBN: 9781337794992
Author: William J. Baumol, Alan S. Blinder, John L. Solow
Publisher: Cengage Learning
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Question
Chapter 4, Problem 7TY
To determine
(a)
To show the effect of change in prices of raw material on the demand and supply of a good.
To determine
(b)
To show the effect of change in prices of raw material on the demand for the substitute good.
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Microeconomics: Principles & Policy
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