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Using the supply and demand diagram, start with the market of minivans at equilibrium. Assuming the minivan is a normal good, show the effect of
Using the supply and demand diagram, start with the market of minivans at equilibrium. Assuming the minivan is a normal good, show the effect of a stock market crash that lowers people's wealth. Be sure to label the graph. The graph needs to be accompanied by a paragraph that provides an explanation. In the paragraph, what is the determinant that caused the shift.
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