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Table 6.1 shows the quantity of hand cream demanded and supplied. Price R25 R30 R35 R40 R45 B. 10 Quantity demanded per
Posted: Wed Jul 06, 2022 6:25 pm
by answerhappygod
- Table 6 1 Shows The Quantity Of Hand Cream Demanded And Supplied Price R25 R30 R35 R40 R45 B 10 Quantity Demanded Per 1 (33.41 KiB) Viewed 10 times
Table 6.1 shows the quantity of hand cream demanded and supplied. Price R25 R30 R35 R40 R45 B. 10 Quantity demanded per month Quantity supplied per New quantity supplied per (000s) month (000s) month (000s) C. 5 D.8 400 360 320 280 240 320 360 400 440 As a result of an increase in packaging costs for the hand creams, supply decreased by 80 000 at all prices. Calculate the change in equilibrium price given the increase in packaging costs. A. 6 480