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Figure E shows possible supply and demand curves in the market for flu vaccine. Assume the market is initially in equilibrium at Point A. What
Figure E shows possible supply and demand curves in the market for flu vaccine. Assume the market is initially in equilibrium at Point A. What equilibrium points would be reached as the market responds to these two events. The events are specified in the order in which they occur and the possible equilibrium sequences are in order also. i. Multiple newspapers and broadcasters report that the vaccine is not particularly effective against the current year's flu strain ii. As the flu season gets underway multiple deaths are occurring and doctors announce that the vaccine offers some protection and that everyone should get the vaccine
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