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The market for milk is initially in equilibrium. Milk producers successfully advertise to encourage milk drinking. At the same time, more milk producers enter the

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The market for milk is initially in equilibrium. Milk producers successfully advertise to encourage milk drinking. At the same time, more milk producers enter the market. Standard demand and supply analysis tells us that the: 1) choose the one you think is correct, 2) explain why this is correct or choose one incorrect option and explain why that option is incorrect (use theories you learnt from the course to explain, give proper calculation if needed) A. equilibrium price and quantity of milk will rise. B. equilibrium price and quantity of milk will fall. C. equilibrium quantity of milk will rise, but we can't determine how the equilibrium price will be affected. D. equilibrium price of milk will rise, but we can't determine how the equilibrium quantity will be affected. Edit View Insert Format Tools Table 12ptV ParagraphV B I 9 AV V TZV" 00" .V 531" .V 3' $5" u

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