Economics 1st Edition by Dean Karlan,Jonathan Morduch

تمرين 3

The demand curve in Figure 3P-1 shows the monthly market for sweaters at a local clothing store. For each of the following events, draw the new outcome.
a. Sweaters fall out of fashion.
b. There is a shortage of wool.
c. The winter is particularly long and cold this year.
d. Sweater vendors offer a sale.