Question: Please help me to solve Q1 & Q2 Using demand and supply curves, examine the effects on the equilibrium price and quantity in the clothes

Please help me to solve Q1 & Q2

Using demand and supply curves, examine the effects on the equilibrium price and quantity in the clothes market in Malaysia for each of the following situations: Price of imported clothes increased; (5 marks) Clothes factories install the latest machinery for manufacturing. (5 marks) Using demand and supply curves, examine the effects on the equilibrium price and quantity in the following situations: i) An increase in preference in favour of a particular good. (5 marks) The discovery of new oil fields

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