A change in tastes away from remodeling existing structures
is illustrated as a shift back in demand to D2 and an accompanying reduction in marginal revenue to MR2. 
A change in tastes away from remodeling existing structures
is illustrated as a shift back in demand to D2 and an accompanying reduction in marginal revenue to MR2.
Fewer remodeling services are being demanded at every price
due to the change in tastes. This will lead to a new short run
equilibrium price and output.
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