Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 20 Feb 2018 My Price 5.00

principles of economics textbooks

The following table summarizes information about the market for principles of economics textbooks:

a. What is the market equilibrium price and quantity of textbooks?

b. To quell outrage over tuition increases, the college places a $55 limit on the price of textbooks. How many textbooks will be sold now?

c. While the price limit is still in effect, automated publishing increases the efficiency of textbook production. Show graphically the likely effect of this innovation on the market price and quantity.

 

Answers

(5)
Status NEW Posted 20 Feb 2018 07:02 PM My Price 5.00

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