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Assume that turkey meatball and beef meatball are substitutes.Also note that turkey and turkey meatball are two different objects; turkey is a material to make

Assume that turkey meatball and beef meatball are substitutes.Also note that turkey and turkey meatball are two different objects; turkey is a material to make turkey meatball.The same caution applies to beef and beef meatball.

(1)We also observe that the equilibrium price of beef meatball falls.Explain whether or not a fall in the price of turkey is responsible for this observation.

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