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Using the model of supply and demand, consider the impacts of the following changes on the market for coal in the US, a commodity traded
Using the model of supply and demand, consider the impacts of the following changes on the market for coal in the US, a commodity traded on competitive marl time, households begin switching to coal buming fireplaces to heat their homes to reduce their reliance on utility companies
Discuss and illustrate any changes to the market for coal, and draw conclusions
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