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If there is a change in taste and preference for milk in Jamaica due to new research which suggests that milk consumption promotes intelligence, while

  1. If there is a change in taste and preference for milk in Jamaica due to new research which suggests that milk consumption promotes intelligence, while there is political turmoil in New Zealand, a key milk exporter to Jamaica, what is the likely overall effect on price and quantity in the short run in the domestic market?

  1. Price increases and quantity falls
  2. Price increases and quantity is ambiguous
  3. Price and quantity increases
  4. Price is ambiguous and quantity rises

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