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Author Question: Explain how the price mechanism would cause a market with a surplus of goods/services to move ... (Read 59 times)

roselinechinyere27m

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on: May 25, 2020

Question 1

A fall in hourly wages would cause a market supply curve for a good to shirt to the right. Explain how changes in two other variables could shift a market supply curve to the right.

Question 2

Explain how the price mechanism would cause a market with a surplus of goods/services to move towards equilibrium.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by roselinechinyere27m on May 25, 2020

ciecieme

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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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roselinechinyere27m

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

steff9894

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Reply 3 on: Yesterday
Wow, this really help

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