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Effect of equilibrium price and quantity

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Question

The GIMPA school of Art and Social Sciences sells matriculation souvenirs, pen, books, T-shirts. Analyze using diagram. The effect of equilibrium price and quantity. (Pe/Qe)

They acquires new technology for producing high quality souvenirs.

40% increase in price of souvenirs.

40% reduction in price of souvenirs.

Reference no: EM133474820

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