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Refer to the above figure. Which diagram shows the effect on the market of cellphones when the ...

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Refer to the above figure. Which diagram shows the effect on the market of cellphones when the ...

Question 1.

Refer to the above figure. Plastic is an input for producing cellphones. Which diagram shows the effect on the supply of cellphones when the price of plastic has increased?

• graph C

• graph D

• neither graph

• both graphs

Question 2.

Refer to the above figure. Which diagram shows the effect on the market of cellphones when the demand for cellphones has increased?

• graph C

• graph D

• neither graph

• both graphs

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Economics Today: The Micro View

Edition: 19^th

Author: Miller

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michlee Author

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5 years ago

Thank you, thank you, thank you!

GeorgeNeist

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Yesterday

Thanks

shimyshiguy

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Good timing, thanks!

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