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In Early 2012 the Price of Computer Hard Disc Drives

question 278

Essay

In early 2012 the price of computer hard disc drives rose.In a demand and supply model,shifts in what curve or curves could have brought about the higher price?


Definitions:

Taxes Rise

An increase in the amount of tax imposed by the government, which can affect consumer behavior, business profits, and the overall economy.

Health Care Reform

Efforts and policies aimed at improving, modifying, or overhauling a country's healthcare system to increase access, quality, and affordability of healthcare for the population.

Initial Endowment

The starting set of assets, goods, or resources that an individual or economy possesses before engaging in any transactions.

Taxes Rise

An increase in the compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

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