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March 25, 2017

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For this part of the assignment, we will focus on the demand curve. Draw the demand curve for the A-Phone. Explain how the graph, price, and quantity demanded will change if the following occurs:
• There is an overall increase in income.
• It is discovered that there are health concerns when using cell phones.
What happens to the supply of cell phones if the market price goes up?

  • Microeconomics - ,

    Draw the demand curve for the A-Phone. Explain how the graph, price, and quantity demanded will change if the following occurs:

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