USC Dana and David Dornsife College of Letters, Arts and ...

At what price would there be a shortage of 6 units? $2. 11. All else equal, what happens to the equilibrium price of cars if the price of steel increases? What happens to the equilibrium quanitity? E. Price Increases, E. quantity . decreases. 12. If a drought destroys the wheat crop, what happens to the demand for corn? What happens to the ... ................
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