Discuss what would happen the supply of pen, Macroeconomics

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Discuss what would happen the supply of pen

Determine the market for two goods that are substitutes, such as pens and pencils. If a technological breakthrough reduced the cost of producing pens.

1. Discuss what would happen the supply of pen?

2. Discuss what would happen on the price of pens and the quantity exchanged?

3. Discuss what effect would this change in the price of pens have on the market for pencils?

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Macroeconomics: Discuss what would happen the supply of pen

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Macroeconomics: Discuss what would happen the supply of pen

Reference No:- TGS0872392

Have a Question? (oR Write a Review)

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Macroeconomics: Discuss what would happen the supply of pen

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