3. US Mkt. for new cars. Semiconductor chips enable so
many different car functions, from interior lighting to seat control to blind-spot detection. The change in the market for chips affects supply/demand of US made cars because,
Show the effect of the change in the market for chips. Equilibrium price equilibrium quantity
4. US Mkt. for used cars. The change in the price of new cars affects supply/demand of used cars because
Show the effect of the change in the
price of new cars. Equilibrium price equilibrium quantity
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