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what happens to the market price for rental cars as a result of the demand shock
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- Draw a supply and demand graph for new cars. Show the impact that the 2008-09 recession (with the decrease in consumer income) had on the market for cars. You can show this best by shifting one of the curves. What happens to the price and quantity of new cars?Find out the factors that affect the demand of this product OLIVE OILDoes a huge supply of a product lower or higher the price of a product?
