... is increased to D2. Supply remains the same. The equilibrium price increases from p1* to p2*, and the quantity rises from q1* to q2*. McAfee: Introduction to Economic Analysis, http://www.introecon.com, ... welfare analysis involves performing a cost-benefit analysis taking account McAfee: Introduction to Economic Analysis, http://www.introecon.com, July 24, 2006 1-51.1.3 Economic Reasoning and Analysis ... substantially. Figure 3-7 aggregates the total country of origin data over the century, to identify the major sources of immigrants. McAfee: Introduction to Economic Analysis, http://www.introecon.com,...