Answer to Question #86978 in Microeconomics for Rejoice Myeza

Question #86978
Graphically illustrate and explain the impact of de-industrialisation on the market for Arcelor Mittal.
1
Expert's answer
2019-03-26T06:05:22-0400

Deindustrialisation will cause the decrease in total industry supply, as a result the equilibrium output will decrease and the equilibrium price will increase.


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