In June 2024
Answer to Question #325598 in Microeconomics for Bushra
Daska and Sialkot are the major supplier of surgical instruments. The labor of Sialkot decided to go on protest and stop working. What will happen to the market of surgical instruments of Sialkot.
If the labor of Sialkot decided to go on protest and stop working, then the supply of surgical instruments will decrease, as a result equilibrium price will increase and equilibrium quantity will decrease.
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