Answer to Question #86971 in Microeconomics for Rejoice Myeza

Question #86971
Graphically illustrate and carefully explain the impact of Eskom’s buy-back programme on the market for commercial coke.
1
Expert's answer
2019-03-25T08:22:34-0400

Such buy-back program would decrease supply of the market of commercial coke, so the equilibrium price would increase and the equilibrium quantity would decrease.


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