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S&D stands for supply and demand. 02. Consider the market for burgers using S&D. Show the effect of each of the following on equilibrium price

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S&D stands for supply and demand.

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02. Consider the market for burgers using S&D. Show the effect of each of the following on equilibrium price and quantity of each of the following: (explain what shifts and why). Draw three separate graphs. a. Opening new pizza parlors b. A decrease in the price of hamburgers c. New burger chains open up

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