=+a. Graph the relative demand curve along with the relative supply curve.

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International Economics

ISBN: 9780132146654

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz

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Question Posted: Oct 02, 2024 01:00 AM

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=+a. Graph the relative demand curve along with the relative supply curve.
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=+3. Now suppose world relative demand takes the following form: Demand for apples/demand for bananas = price of bananas/price of apples.
=+b. What is the equilibrium relative price of apples?
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=+a. Graph the relative demand curve along with the relative supply curve.

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International Economics

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