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the following questions based on Chris Rock's stand-up routine on gun control. (Relevant portion of the clip is from 2:52 to 4:30) (10 pts) a.
the following questions based on Chris Rock's stand-up routine on gun control. (Relevant portion of the clip is from 2:52 to 4:30) (10 pts) a. If the government engages in gun control (reduces the supply of guns), explain the process by which the market for guns moves to a new eq. (Show the graph) b. Using both Chris Rock's analysis and supply and demand analysis, explain the process by which the market for workout/exercise classes moves to a new equilibrium, if gun control occurs. (Show the graph). c. Explain the effect of Chris Rock's bullet control policy on the quantity demanded of bullets. (Show the graph) d. Please explain the process by which the market for guns moves to a new eq. if the government adopts Chris Rock's bullet control policy. (Show the graph)
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