Question
Suppose that the graph illustrates the market demand for poutine per month with an equilibrium price of $3.00 and equilibrium quantity of 4,000 servings of
Suppose that the graph illustrates the market demand for poutine per month with an equilibrium price of $3.00 and equilibrium quantity of 4,000 servings of poutine. Please indicate on the graph the effects of a sale that lowers the price by $2 and place point A at the newequilibrium.
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
