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3. (10 pts). Suppose, however, that the law was changed such that Tennessee Whiskey was identified as any Whiskey made in Tennessee. How would this

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3. (10 pts). Suppose, however, that the law was changed such that Tennessee Whiskey was identified as "any Whiskey made in Tennessee." How would this change the market? Draw a picture of the market and firms in this market. Explain the shape and elements of the market in the short-run and in the long run

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