Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
Suppose that a technological advance among japanese television manufacturers causes the world price of cameras to fall by RM50.
¢Suppose that a technological advance among japanese television manufacturers causes the world price of cameras to fall by RM50. Draw a graph to show how this change affects the welfare of Malaysian consumers and Malaysian producers and how it affects total surplus in Malaysia.
