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Retnec Retnec
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6 years ago
An increase in the equilibrium quantity could be explained by either an increase in incomes (assuming a normal good) or a technological advance that lowered the cost of production.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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foliogefolioge
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Retnec Author
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Thanks
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Correct Slight Smile TY
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this is exactly what I needed
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