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Supply increases and demand decreases. [place your diagram here and the explanation below] New Equilibrium Price: (higher/lower) New Equilibrium Quantity: (higher/lower) Ceteris paribus change:

Supply increases and demand decreases.

[place your diagram here and the explanation below]

New Equilibrium Price: (higher/lower)

New Equilibrium Quantity: (higher/lower)

Ceteris paribus change:

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