In each of the following cases, explain what effect the changes will have on the equilibrium price and quantity in the following markets:
Market Changea) computer technicians
The use of computers in business continues to expand; while at :he same time, the number of graduates in computer technology program increases
b) anti-cholesterol drugs
The cost of producing anti-cholesterol drugs increases; and at the same time, medical problems associated with high cholesterol continues to increase.
c) full-sized
The government imposes a special excise tax on full-sized while at the same time. Gas prices decrease dramatically.
1) organic spinach
Medical reports indicate that spinach is an effective anti-cancer food; while at the same time a new, faster-growing variety of spinach is developed
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