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From course:

Economics A Level (DONEEEEEEE)

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Question:

If the Price of a Product Increases, and that Product has Joint Supply, what Happens? Make an Example with Petrol

Author: eric_galvao



Answer:

-This will lead to more Supply of the Product that had the Price Increased. -If Petrol had a Price Increase, the Level of Drilling will Increase and the Supply of Petrol and Joint Products will Increase too. [Butane]


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