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If consumers often purchase muffins to eat while they drink their latts at local coffee shops, what would happen to the equilibrium price and quantity
If consumers often purchase muffins to eat while they drink their latts at local coffee shops, what would happen to the equilibrium price and quantity of latts if the price of muffins rises?
a. | The equilibrium price would decrease, and the equilibrium quantity would increase. | |
b. | The equilibrium price would increase, and the equilibrium quantity would decrease. | |
c. | Both the equilibrium price and quantity would decrease. | |
d. | Both the equilibrium price and quantity would increase. |
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