The lectures labelling the vertical axis

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Reference no: EM135621

Rounding down again to two decimals, draw a supply and demand diagram like we did numerous times in the lectures labelling the vertical axis as euro per $ and the initial supply and demand curves labelled with 12/07, Label this initial point as point A.

Now explain what happened to each curve and WHY between 12/07 and 11/08. Label this new point (11/08) as point B with your supply and demand curves labelled accordingly.

Reference no: EM135621

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