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Using graphs explain how the equilibrium price and quantity of laptops will change when the demand curve for laptops

Using graphs, explain how the equilibrium price and quantity of laptops will change when:

a)the demand curve for laptops shifts right and the supply curve of laptops shifts left. The shift in the demand curve is greater than the shift in the supply curve.

b)both the demand and supply curves for laptops shift to the right by the same amount.

c)the demand curve for laptops shifts rightward without any change in the supply curve.

 

Mar 14 2020 View more View Less

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