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Consider the market for wheat shown in the figure to the right. What would be the impact of a decrease in the price of complements

Consider the market for wheat shown in the figure to the right. What would be the impact of a decrease in the price of complements in production of wheat ?

  1. Using the line drawing tool , draw the appropriate shift that results from the market shock. Label your line properly.
  2. using the point drawing tool, show the new equilibrium quantity and price .Label the new equilibrium properly.

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image text in transcribed der the market for wheat shown in the figure to the right. What would be the impact of a decrease in the price of ements in production of wheat? Market for Wheat 16- ng the line drawing tool, draw the appropriate shift that results from that market shock. Label your line properly. 15- 14- g the point drawing tool, show the new equilibrium quantity and price. Label the new equilibrium properly. illy follow the instructions above, and only draw the required objects. Price EO 10 20 30 Quantity

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