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Consider the supply and demand for a good. Drawing separate diagrams (with both S&D interacting) draw an equilibrium price and quantity move in the same
Consider the supply and demand for a good. Drawing separate diagrams (with both S&D interacting) draw an equilibrium price and quantity move in the same direction only when demand curve shifts, while equilibrium price and quantity move in opposite directions only when supply curve shifts. Can you explain why this is the case
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
