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If a reduction in the price of cabbage leads to economic losses to cabbage farmers a. the price of cabbage will remain low in the

If a reduction in the price of cabbage leads to economic losses to cabbage farmers

a. the price of cabbage will remain low in the long-run

b. some existing cabbage farmers will leave the industry

c. the suppliers of cabbage will suffer long run economic losses

d. prices will be higher in the supermarket.

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