*11In problem 9, suppose an increase in the teenage population increases the demand for gum by 40...

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*11In problem 9, suppose an increase in the teenage population increases the demand for gum by 40 million packs per week at the same time as the fire occurs. What are the new equilibrium price and quantity of gum?

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Economics

ISBN: 9781509540235

6th Edition

Authors: Michael Parkin, Melanie Powell, Kent Matthews

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