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In the space provided below, do the following: A) Draw and properly label a demand and supply curve
In the space provided below, do the following:
A) Draw and properly label a demand and supply curve.
B) Indicate where the equilibrium Price and Quantities are located.
How do things change based on the following scenario?
The market for hybrid cars is changing. There are more providers but due to bad publicity and poor performance, demand is falling.
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