Draw two supply and demand graphs


Problem

Draw two Supply and Demand graphs (one for each problem) and show what happens to price and quantity.

a. in the market for chocolate ice cream when new technology improves production.
b. in the market for cigarettes when taxes are dropped.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Draw two supply and demand graphs
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