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In the diagram below, draw the price effect and the quantity effect for a price change from $60 to $50. Instructions: Use the tools providedto

In the diagram below, draw the price effect and the quantity effect for a price change from $60 to $50.

Instructions:Use the tools providedto draw the price effect (Pr Eff) and quantity effect (Q Eff) for thisprice change.

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In the diagram below. draw the price effect and the quantity effect for a price change from $60 to $50. Instructions: Use the tools provided to draw the price effect (Pr Eff) and quantity effect (0 Eff) for this price change. CD Price (3) 90 Tools 2'.' 2'! Fr Eff Q Eff ' O

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