Draw a graph for each example showing what happens to price, Microeconomics

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Draw a graph for each example showing what happens to price

Problem

1. Give one example from actual firms or industries for each of the factors that cause changes in supply. Draw a graph for each example showing what happens to price and quantity supplied.

2. Do you agree with this statement: "As price goes up, demand goes down"? Explain your answer.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Draw a graph for each example showing what happens to price

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