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please explain the following questions in 34 lines with the appropriate DIAGRAM

please explain the following questions in 3,4 lines with the appropriate DIAGRAM: Q1) a)if the domestic price is increased because of a new free trade agreement which results in a new import supply and new export demand, then the demand consumption and domestic production will decrease b) Over the years the provincial govt has increased the number of areas where smoking is prohibited.The result is to make the typical smokers indifference curves flatter. c) the short run expansion path for a firm is always horizontal whereas the long run expansion oath is upward sloping 5:43 Q1. Tendean DO 10 OUT OR 12 awwimsupplement daw M Over the years, the provincial since www.ding is prohi The nuts to make the w the i nd Cartes 1. e The shorte puth for a fras e puth is upwarding 1/4

Feb 01 2020 View more View Less

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