Business, 12.07.2019 05:00 AaronMicrosoft15
The current market price for good y is above the equilibrium price, and then the price of a subsitute good, x, increases. the demand curve for good y shifts as a result. what is the likely outcome of the demand shift? a. the shortage decreases. b. the surplus increases. c. the surplus decreases. d. the shortage increases.
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The current market price for good y is above the equilibrium price, and then the price of a subsitut...
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