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Plez I need all anser 1,2,3 1. Explain in the graph what happens to the equilibrium quantities and prices if there is a technical development?
Plez I need all anser 1,2,3 1. Explain in the graph what happens to the equilibrium quantities and prices if there is a technical development? 2. Explain in the graph what happens to the equilibrium quantities and prices if there is an increase in consumer income? 3. Explain in the graph what happens to the equilibrium quantities and prices if the state provides a subsidy to individuals and a subsidy to producers
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