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The following graph shows the market for hamburgers in San Francisco, where there are over a thousand burger joints at any given moment. Suppose an

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The following graph shows the market for hamburgers in San Francisco, where there are over a thousand burger joints at any given moment. Suppose an innovation in meat processing technology makes it possible to produce more hamburgers at a lower cost than ever before. Show the effect of this change on the market for hamburgers by shifting one of the curves on the following graph, holding all else constant. C)- Suppl Demand SUDDIY PRICE (Dollars per hamburger) -----+ QUANTITY (Hamburgers)

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