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Please answer shortly faster you can Listen n each of the two (separate) following situations, list what will happen to the equilibrium price and the

Please answer shortly faster you can

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Listen n each of the two (separate) following situations, list what will happen to the equilibrium price and the equilibrium quantity for the particular product. 1'2 = 2 marks a. Income increases (assume inferior good) and the cost of its production decreases. b. Price of a substitute good falls and the price of inputs increase

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