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Comparative Statics Practice Problem 1

This video goes through the solution to a viewer-submitted practice problem. The problem goes as follows: What will happen to the equilibrium price and equilibrium quantity of notebook computers if the number of colleges that require their students to buy a notebook computer increases at the same time as the number of firms producing notebook computers decreases? For more information and a complete set of microeconomics videos, see http://www.economistsdoitwithmodels.com/microeconomics-101 by Economists Do It With Models
Length: 07:10

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