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What could explain the simultaneous increases in the price of lithium and the production of lithium?Use supply and demand curves to explain your answer. Hint:Price
- What could explain the simultaneous increases in the price of lithium and the production of lithium?Use supply and demand curves to explain your answer.
- Hint:Price and equilibrium quantity have both increased. Would a shift in the demand curve or a shift in the supply curve lead to this result?
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
