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Using an appropriate diagram, explain how the following changes affect the supply or the quantity supplied in each scenario: a) Beijing raises the minimum wage
Using an appropriate diagram, explain how the following changes affect the supply or the quantity supplied in each scenario:
a) Beijing raises the minimum wage for factory workers by 20 per cent. [4]
b) Drought causes vegetable prices to soar in France. [4]
c) New technology boosts productivity at Tata Motors, India's largest car-maker. [4]
d) The US government subsidises the output of hybrid cars. [4] e) South Korea's Samsung launches new tablet computers to rival Apple's iPad.
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