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I said true, but don't feel confident about it. someone help me out ease. the image of the graph is below?
Given the equilibrium after a change in supply from S1 to S2 at the old price of $2.50, there will be pressure for the price to rise. True or False?
1 Answer
Relevance
- Anonymous6 years ago
false,it's obvious that the new price is at $1.50
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