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Assume that both the supply and demand of bottled water rise in the summer but that supply increases more rapidly than demand. A. What can
Assume that both the supply and demand of bottled water rise in the summer but that supply increases more rapidly than demand.
A. What can you conclude about the directions of the impacts on the equilibrium price and quantity?
B. Support your answer with research of other examples that have double shifts.
Please draw and upload your graph.
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