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(Solved): how to draw and label it The graph shows the demand curve for bottled water and the supply c ...



how to draw and label it?

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The graph shows the demand curve for bottled water and the supply curve of bottled water Draw a point at the equilibrium price and quantity of water Label it 1. Draw a curve that shows what happens in the market for bottled water if fewer firms produce water but all other influences on selling plans remain the same. Label it . Draw a point at the new equilibrium price and quantity. Label it 2. Draw only the objects specified in the question


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