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How to answer the following questions? 1. For each of the following, explain what would happen to price, quantity and why.~ a. A new strain

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How to answer the following questions?

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1. For each of the following, explain what would happen to price, quantity and why.~ a. A new strain of wheat was discovered, which raised yield.~ b. The United Grain Growers organized an extensive advertising campaign c. The government implemented a tax on each unit of wheat sold.

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