Answer to Question #38646 in Microeconomics for OSEI-KYEI KWAWO

Question #38646
Determine whether each of the following will cause a change in demand or change in supply,and in which direction:
a. Input prices increase.
b. Income in an area declines.
c. The price of an alternate good increase.
1
Expert's answer
2014-01-29T11:14:58-0500
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