Effect and another for the reason and mechanism

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Reference no: EM131002250

Please answer each part of the following question with 2 short sentences. One for the effect and another for the reason/mechanism.

1. In each case below, please identify the effect on the market for coal and mention briefly the mechanism yielding to this effect.

a. The development of a new, lower cost mining technique

b. The imposition of a $2 per ton tax on coal

c. A new government regulation requiring air purifiers in all work areas

Reference no: EM131002250

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