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ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305659094ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305659094 Exercise 15
CHANGES IN EQUILIBRIUM What are the effects on the equilibrium price and quantity of steel if the wages of steelworkers rise and, simultaneously, the price of aluminum rises?
Explanation
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Change in equilibrium price:
Since stee...
ECON MACRO 5th Edition by William McEachern
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