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Posted: September 25th, 2020

Three Microconomics Questions, economics homework help

Question description

Using demand and supply illustrate why free markets and voluntary exchange will drive discrimination out of the market.Using demand and supply, illustrate why “harnessing the free market” does not benefit the general public. Suppose by harnessing the free market it is meant that government will maintain prices that are below equilibriumExplain why the demand curve for cigarettes will slope down even though nicotine is addictive.

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