judeh12345638 judeh12345638
  • 15-09-2022
  • Business
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Assume there are three hardware stores, each willing to sell one standard model hammer in a given time period. House Depot could offer a hammer for
a minimum of $7. Lace Hardware could offer a hammer for a minimum of $10. Bob's Hardware could offer a hammer for a minimum of $13.
If the market price of hammers increased from $7 to $11:

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