Chapter 4 Application Worksheet
$6 0 4 9 14 5 2 6 6 12 4 3 7 5 10 3 4 8 4 8 2 6 11 3 6 1 9 13 0 3 How was the equilibrium point affected? _____ What would happen to the price of CD’s if an alternative product, such as the iPod, became popular and shifted the demand curve back to D1? (all things remaining the same)_____ ................
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