Figure 12.2 shows an example of what the supply curves might look like. In this example, lemons

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Figure 12.2 shows an example of what the supply curves might look like. In this example, lemons are offered for sale at prices up to $12,000 and at that price all the lemons available are supplied and good cars start to be offered for sale.

Figure 12.2 The Supply of Used Cars Suppliers of used cars know the quality of what they offer for sale.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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