How would the car shortage appear on a demand & supply graph? How would a surplus appear?
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How would the car shortage appear on a demand & supply graph? How would a surplus appear? Can you explain and draw?
- According to this article, the shortage is slowly easing- i.e. a return to equilibrium in economics terms. What would need to happen on the demand & supply graph to illustrate this? Can you explain and draw?
- https://www.kbb.com/car-news/car-dealers-have-almost-normal-inventory-again/
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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