The graph below describes the current market conditions in a local market for apples. 20- S 16- 12- Price per carton 8- 4. D 10
The graph below describes the current market conditions in a local market for apples. 20- S 16- 12- Price per carton 8- 4. D 10 20 30 40 50 Thousands of cartons per week At a price of $8 per carton, there will be a of per week. This will cause the price to As the price , it will cause the and moving the market closer to equilibrium
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