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assume that the market demand curve is = 21 3 and the market supply curve before the war is = 4 . Hence, the market
assume that the market demand curve is = 21 3 and the market
supply curve before the war is = 4. Hence, the market supply curve after the war is = 2.
Find the competitive equilibria before and after the war
Compute the change of consumer surplus due to the war
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