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Homework answers / question archive / Explain what happens to supply, price, and quantity when the following condition occur: a) A new technology is developed to pick peaches b) The government allows more furniture input from China
Explain what happens to supply, price, and quantity when the following condition occur: a) A new technology is developed to pick peaches b) The government allows more furniture input from China. c) Interest rates are lowered to help spur the economy. d) The cost of rubber which is used in the manufacturing of tires increases e) The government imposes a tax in imports of foreign cars.
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