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solve this question QIO• Suppose there favourable change in fashion for jeans as people have preferring jeans. A1 same time the raw material for making jeans has become cheaper? will these changes affect the egudibrium price g equiGbricm quantity of jeans in ihe

Since there are a favorable taste and preferences the demand will increase, since then the cost of raw-materials has reduced the supply will also increase as a result there are 3 effects that may  happen,



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