The following graphs show the supply and demand curves for two markets. One of the markets is

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The following graphs show the supply and demand curves for two markets. One of the markets is for Tesla automobiles, and the other is for a cancer-fighting drug, without which lung cancer patients will die. Briefly explain which graph most likely represents which market.

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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