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Title: Suppose there is a linear downward-sloping demand curve and a linear upward-sloping supply curve for ... Post by: Mairoon on Oct 17, 2017 Suppose there is a linear downward-sloping demand curve and a linear upward-sloping supply curve for a good. The price of a substitute good increases and the price of an input to production also increases. Graph the original demand and supply curves, and the curves after the substitute good and input prices increase. How will the equilibrium price change after the substitute and input prices increase?
Title: Re: Suppose there is a linear downward-sloping demand curve and a linear upward-sloping supply curve ... Post by: Chronos on Oct 17, 2017 Content hidden
Title: Re: Suppose there is a linear downward-sloping demand curve and a linear upward-sloping supply curve for ... Post by: Mairoon on Aug 14, 2018 Great answer, great website
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