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Suppose the market for almond milk begins in a long-run perfectly competitive equilibrium. Suppose scientists discover that almond milk has great health benefits. What will

Suppose the market for almond milk begins in a long-run perfectly competitive equilibrium.

Suppose scientists discover that almond milk has great health benefits. What will the implications be for the price and quantity of almond milk sold in the market? Clearly illustrate using appropriate graphs of your own.[20 marks]

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