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Scenario 1 Description of market events that would change equilibrium. For Wayland, gasoline and road-trip vacations are complement goods. The price of a hotel room
Scenario 1 Description of market events that would change equilibrium. For Wayland, gasoline and road-trip vacations are complement goods. The price of a hotel room declines making the cost of a road trips less expensive. By dragging the demand or supply curve left or right, and holding everything else constant, show the effect that this event will have on equilibrium price and quantity
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