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) assume a change in the market- increase in consumer taste/preference; increase/decrease in number of producers; change in the cost (this will shift the cost
) assume a change in the market- increase in consumer taste/preference; increase/decrease in number of producers; change in the cost (this will shift the cost curves) 2) How it will affect your selected firm (discuss on the impact on price, quantity and profits) 3)support answers with economic models and graphs
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Labor Economics
Authors: George J. Borjas
6th edition
73523208, 2900073523209 , 978-0073523200
