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James specializes in college-level economics tutoring. He knows that in the next two weeks, right before finals, he can charge a higher price for an
James specializes in college-level economics tutoring. He knows that in the next two weeks, right before finals, he can charge a higher price for an hour of private tutoring. Expecting this price increase, how will it affecthis supply of tutoring todayand how will it affecthis supply of tutor in two weeks? Please explain your answers in detail. (Hint: think about how his supply curve will shift)
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