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3. Does this change in the equilibrium price result in movement along the demand curve or the supply curve? 4. Consider the decision of a

3. Does this change in the equilibrium price result in movement along the demand curve or the supply curve?

4. Consider the decision of a single car dealer in the market for cars. Does the policy permitting women to drive lead to an increase or decrease in the quantity of cars it supplies? Provide a graph supporting your answer.

5. Explain how your answer to question 4 helps you justify your answer to question 3.

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