Question: Can u please solve me? tion 2 (25 points) New cars are normal goods. What will happen to the equilibrium priceof new cars if the

Can u please solve me?

tion 2 (25 points) New cars are normal goods. What will happen to the equilibrium priceof new cars if the price of gasoline rises, the price of steel (which is an input for the car manufacturing) falls, public transportation becomes cheaper and more comfortable, antrworkerg accept lower wages, and automobile insurance becomes more expensive? (Show your answer using graph and provide explanation) r

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