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SHOW ON A SEPARATE GRAPH AND EXPLAIN IN WRITING. (LABEL NEW EQUILIBRIUM E3). 8. FROM THE INITIAL GRAPH, IF A SUBSTITUTE GOOD (TENNIS SHOES) BECOMES

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SHOW ON A SEPARATE GRAPH AND EXPLAIN IN WRITING. (LABEL NEW EQUILIBRIUM E3). 8. FROM THE INITIAL GRAPH, IF A SUBSTITUTE GOOD (TENNIS SHOES) BECOMES AVAILABLE AT A LOWER PRICE, WHICH CURVE SHIFTS? HOW DOES EQUILIBRIUM PRICE AND EQUILIBRIUM QUANTITY CHANGE

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