Question
How to calculate the affect on price if the supply increase? For example: Equilibrium Price: 0.75USD/kg Supply: 15 ton kg/day Demand: 15 ton kg/day If
How to calculate the affect on price if the supply increase?
For example:
Equilibrium Price: 0.75USD/kg
Supply: 15 ton kg/day
Demand: 15 ton kg/day
If the supply increase 30%, how much will it affect the equilibrium price?
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The Economics Of The Environment
Authors: Peter Berck, Gloria Helfand
1st Edition
978-0321321664, 0321321669
