What will happen to price paid by us consumers

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Q. What will happen to price at which fisherman can sell lobsters? What will happen to price paid by U.S. consumers? What will happen to quantity consumed by U.S consumers?

Q. If store currently charges a price of $50 and n increases that price to $60, what happens to total revenue from shoe sales (calculate PxQ before and after price change)?

Reference no: EM1369084

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What will happen to price paid by us consumers : What will happen to price at which fisherman can sell lobsters. What will happen to price paid by U.S. consumers. What will happen to quantity consumed by U.S consumers.

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