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The equilibrium price of wine will increase if, ceteris paribus, _____ A. there is a surplus of wine. B. wine is a normal good and
The equilibrium price of wine will increase if, ceteris paribus, _____ A. there is a surplus of wine. B. wine is a normal good and income decreases. C. consumers are more aware of the risks of alcohol abuse. D. the supply of wine decreases. E. all wine adverts are banned
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