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N6 What would some of the resulting microeconomic effects be? Please give this in terms of things we have looked at in class, like would
N6
What would some of the resulting microeconomic effects be? Please give this in terms of things we have looked at in class, like would demand or supply go up? Would it cause the price to go up or down? Will there be shortages or surpluses? What will be the effect on equilibrium pricing?
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