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Question 2 (10 points) (] Duscen | p | A_ If the price of the first good listed decreases, what will happen to the demand
Question 2 (10 points) (] Duscen | p | A_ If the price of the first good listed decreases, what will happen to the demand for the second good? (1 point each part = 2 point) Please provide the reasoning behind your answer. (1 point each part = 2 point) a. iPhone and an iPhone case b. a skateboard and a razor scooter B. Describe what would happen to the market supply curve for a good in each of the following cases (1 point each part = 3 points) and also explain the concept. (1 point each part = 3 points) 1. a decrease in taxes 2. an increase in input prices 3. producers expect now that the price will be more/increase later Paragraph
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