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Author Question: The following diagram shows the demand for and supply of apples. The supply and demand curves are ... (Read 233 times)

jake

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on: May 25, 2020
The following diagram shows the demand for and supply of apples. The supply and demand curves are initially given by S0 and D0. The market is in equilibrium at point x. There is then a rise in the price of pears and oranges and an increase in the costs of transporting fresh fruit. As a result either or both the demand and supply curves shift to one of the new positions shown in the diagram. What will be the equilibrium position on the diagram?


◦ Point j
◦ Point r
◦ Point n
◦ Point l
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by jake on May 25, 2020

Toya9913

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jake

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

sarah_brady415

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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