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Suppose the market for chicken experiences the following event: The cost of chicken feed increases. What will be the effect on the equilibrium? multiple choice:

Suppose the market for chicken experiences the following event: The cost of chicken feed increases. What will be the effect on the equilibrium? multiple choice: Equilibrium price and quantity increase. Equilibrium price and quantity decrease. Equilibrium price decreases and equilibrium quantity increases. Equilibrium price increases and equilibrium quantity decreases

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