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Draw a supply and demand graph for the WTI crude oil company to illustrate the changes described above. Be sure to label your graph and
Draw a supply and demand graph for the WTI crude oil company to illustrate the changes described above. Be sure to label your graph and clearly indicate which curve(s) shifts and what happens in your diagram to the equilibrium price and quantity. Explain the main factors contributing to higher home sales last year.Analyze this change using economic reasoning and supply-demand analysis.
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