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Suppose labor cost in the soft drink industry increase. 16. In the situation above, producer surplus in the soft drink market will ___, everything elseheld

Suppose labor cost in the soft drink industry increase. 16. In the situation above, producer surplus in the soft drink market will ___, everything elseheld constant.a.Remain unchangedb.Be ambiguousc.Decreased.Increase 17. In the situation above, economic surplus in the soft drink market will ___, everything elseheld constant.a.Increaseb.Be ambiguousc.Remain unchangedd.Decrease

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