Answer to Question #307638 in Microeconomics for deygee

Question #307638

Draw a diagram showing the effects of an increase in the price of bus journeys on the equilibrium market price and output in the weekly market for e-scooters in the UK.


1
Expert's answer
2022-03-08T17:03:43-0500

 increase in the price of bus journeys:




 output in the weekly market for e-scooters in the UK:






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