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Table 6.1 shows the quantity of hand cream demanded and supplied. Price R25 R30 R35 (000s) Quantity demanded per month Q
Posted: Wed Jul 06, 2022 6:29 pm
by answerhappygod
- Table 6 1 Shows The Quantity Of Hand Cream Demanded And Supplied Price R25 R30 R35 000s Quantity Demanded Per Month Q 1 (411.77 KiB) Viewed 20 times
Table 6.1 shows the quantity of hand cream demanded and supplied. Price R25 R30 R35 (000s) Quantity demanded per month Quantity supplied per New quantity supplied per month (000s) month (000s) 360 440 4.80 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.