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In the market for snacks, Little Debbie Nutty Buddy Wafer Bars are gaining popularity over Hostess Twinkies. At the same time, Hostess has invested in
In the market for snacks, Little Debbie Nutty Buddy Wafer Bars are gaining popularity over Hostess Twinkies. At the same time, Hostess has invested in new technology to better produce Twinkies and Ding-Dongs. Identify the appropriate changing non-price determinant(s) and draw a clear and detailed market equilibrium graph to illustrate what is happening in the market for Twinkies.
1. Draw your own graph on a piece of paper
2. Clearly label all axes and lines. Include all relevant information.
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