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There are two changes in an economy that produces Good X. The first change is an increase in technology used to produce good X, which
There are two changes in an economy that produces Good X.
The first change is an increase in technology used to produce good X, which would cause a decrease on the price and a increase on the quantity demanded.
The second change is an increase in the price of complement goof to Good X.
This is a competitive market, what would happened to the equilibrium price and quantity of Good X?
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