12 In problem 10, suppose that a virus destroys several potato farms with the result that the...
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12 In problem 10, suppose that a virus destroys several potato farms with the result that the supply of chips decreases by 40 million bags a week at the same time as the dip comes on to the market. What are the new equilibrium price and equilibrium quantity of chips?
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Related Book For
Economics
ISBN: 9781503632943
5th Edition
Authors: Douglas McTaggart, McTaggart Findlay & Parkin, Christopher Findlay, Michael Parkin
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