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Q.1) Suppose Uve dernand scheduie for Product A changes from D2 to D1 because the price of a related product, Product B increases. Based on
Q.1) Suppose Uve dernand scheduie for Product A changes from D2 to D1 because the price of a related product, Product B increases. Based on thic, these two products are Q2) if D, and S, repcesent the demand and supply schedules in a particular market, then what are the equilbrium price and q that market? Q3) it D2 and 5 regresent the demard and supply schedules in a particular market, then what are the equilibrium price and que Buat matket? Q4) Suppose that Dy and Sy are the prevaiting dernand and supply curves for a product What is the new equilibrium price and a it the wipply schedule changes from in to S2 ? B.5) suppese tive denmand schedule for Froduxt A changes trom Di to Du becaise the plice of a related product, Product B increaser Rased on this, these two products are Q.1) Suppose Uve dernand scheduie for Product A changes from D2 to D1 because the price of a related product, Product B increases. Based on thic, these two products are Q2) if D, and S, repcesent the demand and supply schedules in a particular market, then what are the equilbrium price and q that market? Q3) it D2 and 5 regresent the demard and supply schedules in a particular market, then what are the equilibrium price and que Buat matket? Q4) Suppose that Dy and Sy are the prevaiting dernand and supply curves for a product What is the new equilibrium price and a it the wipply schedule changes from in to S2 ? B.5) suppese tive denmand schedule for Froduxt A changes trom Di to Du becaise the plice of a related product, Product B increaser Rased on this, these two products are
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