Part A, question b,
I know that price and quan. will increase for palm oil, and that supply for pal kerner increases>lower price, greater quantity. Also they are in a join production. SO that's 3 points so far. The remaining 2 were the corresponding diagrams.
For palm oil: Is it good if i make a demand diagram, with shift of the demand curve to the right?
And for palm kernel? Supply curve, with shift to the left? Or should I do both supply and deman? Im not sure about this.
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What diagram to do? watch
- Thread Starter
- 05-05-2016 20:42