Thursday 15 April 2021

ECO 100 Week 2 Discussion

ECO 100 Week 2 Discussion

 

  • What could explain the simultaneous increases in the price of lithium and the production of lithium? Use supply and demand curves to explain your answer. (Hint: Price and equilibrium quantity have both increased. Would a shift in the demand curve or a shift in the supply curve lead to this result?)











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