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Consider the market for avocados, which is very competitive. Suppose a new use for avocados is discovered (avocado toast, for example). How, if at all,
Consider the market for avocados, which is very competitive. Suppose a new use for avocados is
discovered (avocado toast, for example). How, if at all, will this development affect producer surplus,
consumer surplus, and total surplus in the market for avocados?
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