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 crisps decreases by 40 million bags a week at the same time as the dip comes onto the market. What are the new equilibrium price and quantity of crisps?

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Economics

ISBN: 9781509540235

6th Edition

Authors: Michael Parkin, Melanie Powell, Kent Matthews

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