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Unformatted text preview: our graphs. It is always easier to walk away from one brand, so the market for Akron tires is elastic, therefore all tires are inelastic. A new machine will increase supply, so the supply curve shifts to the left. Since only one curve can be different, we know the supply curve must be shifted the same amount....
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This note was uploaded on 04/18/2008 for the course ECO 2023 taught by Professor O'gorman during the Spring '08 term at South Florida Community College.
- Spring '08