Challenge Study Figures 6.4, 6.5, 6.6, and 6.7 again. What would happen if a change in
Chapter 0, Problem 11(choose chapter or problem)
Challenge Study Figures 6.4, 6.5, 6.6, and 6.7 again. What would happen if a change in consumer taste caused an increase in demand for athletic shoes and more suppliers entered the market at the same time? Assume that the increases in demand and in supply are proportionately the same. How would this result be different if each of these changes happened separately?
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