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A) Use the demand and supply curves to analyze the effects of each event on the equilibrium price and quantity of Palestinian building stone products.

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A) Use the demand and supply curves to analyze the effects of each event on the equilibrium price and quantity of Palestinian building stone products. Explain your answer. Event 1: A technological advance allows the stone to be produced at lower cost. Event 2: The price of imported stone increased. Event 3: The government imposes new taxes on the imported stone. Event 4: Events A and B both occur. Note: The increase in the price of imported stone is large

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