Business, 07.07.2021 21:40 emily0981

Activity: Considering the initial market equilibrium of figure 2.9 above, show the new equilibrium

1. if there is an increase in supply and proportionate increase in demand

2. if the magnitude of an increment in demand is less than an increment in

supply

3. if demand and supply change in the opposite directions

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Activity: Considering the initial market equilibrium of figure 2.9 above, show the new equilibrium<...

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