Mathematics, 31.01.2022 05:20 justinpatengale2002
The USA is experiencing an expansion which increases demand for automobiles at the same time that supply is also increasing because of cheap raw materials.
a) What happens to demand and supply?
b) What happens to the equilibrium price, and to equilibrium quantity (increase, stays the same, or decrease)
Answers: 3
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The USA is experiencing an expansion which increases demand for automobiles at the same time that su...
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