Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Hi, the diagram in scenario 2 is the same?
Expert Solution
Step 1
The both graphs as well as the scenarios are the same in the previous given answer, but according to question, both should be different. The first answer is Correct. But the second is Incorrect. So, I have provided the correct answer of the second part.
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