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(Part B) Now, suppose that the following changes in demand and supply occur (1) a substitute good goes up in price and (2) the number

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(Part B) Now, suppose that the following changes in demand and supply occur (1) a substitute good goes up in price and (2) the number of suppliers decrease What decisions will you make regarding production levels and pricing for your Widget facility based ONLY on these changes, for example, do not factor in the changes in part (a) here? (15 points)

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