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Originally, the furniture producer sold furniture to individual students in the college town. However, the college has decided to purchase furniture for its students (increasing

Originally, the furniture producer sold furniture to individual students in the college town. However, the college has decided to purchase furniture for its students (increasing college tuition to cover the cost!), and the furniture producer now sells to a single customer. How is this change likely to impact the furniture producer's profits? Profits will likely fall Profits will likely not be changed Profits will likely increase

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