Answer to Question #87344 in Microeconomics for Jay Mark Golis

Question #87344
how to illustrate a change in demand If there's an increase of interest in toys
1
Expert's answer
2019-04-02T10:04:04-0400

If there's an increase of interest in toys, then the demand for toys will increase, so the demand curve will shift to the right.


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Comments

Assignment Expert
04.04.19, 16:17

Dear visitor, please use panel for submitting new questions

Gustav Lot
03.04.19, 17:49

Determine demand and supply function in the long run with elasticity of demand -0.7 and supply 0.25 production is 10 million and price $1162.98

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