Question: Beginning from an equilibrium at point E1 in Exhibit 11, an increase in demand for good X, other things being equal, would move the equilibrium
Beginning from an equilibrium at point E1 in Exhibit 11, an increase in demand for good X, other things being equal, would move the equilibrium point to
a. E1 (no change).
b. E2.
c. E3.
d. E4.
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