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Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
النسخة 1الرقم المعياري الدولي: 978-0077332648Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
النسخة 1الرقم المعياري الدولي: 978-0077332648 تمرين 9
Consider the following events:
a. A maggot infestation ruins a large number of apple orchards in Washington state.
b. Demand for apples goes down, causing the price to fall. Which event represents a shift in the supply curve? Which represents a movement along the curve? What is the difference?
a. A maggot infestation ruins a large number of apple orchards in Washington state.
b. Demand for apples goes down, causing the price to fall. Which event represents a shift in the supply curve? Which represents a movement along the curve? What is the difference?
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Shift and movement:
A shift in the dema...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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