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Homework answers / question archive / Assuming that we have estimated a supply curve for a particular brand of car
Assuming that we have estimated a supply curve for a particular brand of car. Using a diagram, show the potential impacts of the following:
(a) a rise in the price of cars;
(b) a rise in the price of land;
(c) a decrease in the price of iron ore
(d) a fall in the price of cars;
(e) the introduction of a road congestion levy in all major cities;
(f) an improvement in car manufacturing technology;