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1.A local grocery store orders 200 cases of Coke each week and sells them at a price of P312 per case. At the end of

1.A local grocery store orders 200 cases of Coke each week and sells them at a price of P312 per case. At the end of the first week, they have only sold 150 cases. What economic situation is the grocery store facing and what will have to happen to price in order for equilibrium to be attained?

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