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Evaluate the set of events below. Determine how the events will impact their respective markets. a.In the market for windows. The price of glass has

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Evaluate the set of events below. Determine how the events will impact their respective markets. a.In the market for windows. The price of glass has increased. The effect of the event will be a(n) ( (Click to select) in (Click to select) As a result, the equilibrium price will ( (Click to select) and the equilibrium quantity will ( (Click to select) b. In the market for automobiles. There was a technological advance in the production process for producing automobiles The effect of the event will be a(n) (Click to select) # in (Click to select) As a result, the equilibrium price will (Click to select) and the equilibrium quantity will (Click to select) c. In the market for coffee. Businesses are receive a higher subsidy on production of coffee. The effect of the event will be a(n) ( (Click to select) * in (Click to select) As a result, the equilibrium price will ( (Click to select) and the equilibrium quantity will ( (Click to select)

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