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  3. 5 complete the chart below using the provided options 12...

Question: 5 complete the chart below using the provided options 12...

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5. Complete the chart below using the provided options: (12 marks) in Left (Inward Decreasc OR Incrcasc ortion Increase OR Decrease OR Option#2 Right (Outward) Cost to Produce Right (Outward Cost of Resources FallsDecrease Cost of Resourees Rises Increase Higher Taxes Lower Taxes Govemment Pays Subsidy For each of the ollioaning scenarios,explain if the supply curve for boomerangs is iing tothe right or lef, if there is an increase or decrease in demand, and explain why
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