Microeconomics (2nd Edition) (Pearson Series in Economics)
2nd Edition
ISBN: 9780134492049
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
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Textbook Question
Chapter 4, Problem 4Q
Explain how the following factors will shift the
The price of a competitor's shaving cream increases.
With an increase in unemployment, the average level of income in the economy falls.
Shaving gels and foams, marketed as being better than shaving creams, are introduced in the market.
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