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Consider the effects of the following two events on the market for hand sanitizers: ( 1 ) people want to use hand sanitizers more frequently

Consider the effects of the following two events on the market for hand sanitizers:

(1)

people want to use hand sanitizers more frequently due to the COVID

- 19

pandemic;

(2)

more hand sanitizer producers enter the market. What will happen to the equilibrium quantity of hand sanitizers as a result of these events?

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