Identify the effect on the market for coal and mention

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Reference no: EM131002247

In each case below, please identify the effect on the market for coal and mention briefly the mechanism yielding to this effect.

a. The development of a new, lower cost mining technique

b. An increase in wages paid to coal miners

c. The imposition of a $2 per ton tax on coal

d. A widespread news report that demand for coal will be much lower next year

e. A new government regulation requiring air purifiers in all work areas

Reference no: EM131002247

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