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Business, 24.11.2020 02:00 Lewis5442

Using an appropriate demand and supply diagram, explain the impact on the market price and quantity traded in each of the following cases: a) The market for air travel following the imposition of higher fuel taxes. [5]

b) The market for Pepsi Cola following a fall in the price of Coca-Cola. [5]

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Using an appropriate demand and supply diagram, explain the impact on the market price and quantity...
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