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Now, let us suppose MintChunk can't be shipped to State College because a band of rabid Buckeyes refuse to let it cross the border. So
Now, let us suppose MintChunk can't be shipped to State College because a band of rabid Buckeyes refuse to let it cross the border. So the State College plant opens. We assume the following supply & demand functions State College Supply = Ssc = -4+2Psc State College Demand = Dsc = 42- 2Psc If we can't ship MintChunk from Ohio to PA what will be the formula for market equilibrium in State College
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Principles of Economics
Authors: Robert Frank, Ben Bernanke
5th edition
73511404, 978-0073511405
