Illustrate on graph how market for ink cartridges changes

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Problem

The accompanying graph represents the supply of printer ink cartridges. The current price of ink (per cartridge) is $20 and indicated by the point on the supply curve. Suppose the price of cartridges increases to $24. Get the instant assignment help. Illustrate on the graph how the market for Ink Cartridges changes.

Reference no: EM133918396

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