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Consider the market for taxi service in a city. Explain, by using supply and demand curves, how each of the following actions will affect the market....

Consider the market for taxi service in a city. Explain, by using supply and demand curves, how each of the following actions will affect the market. Consider each case seperately. A) Bus Drivers go on strike. B) bus fares increase after a strike by bus drivers C) Taxi drivers must improve their image if they want to continue as drivers. D) Gasoline prices increase E) Half the downtown parking lots are converted to new office buildings

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