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The Oink-N-Chew company experiences a signifi- cant decline in sales when it doubles the price of its bacon-flavored bubblegum. An increase in the federal minimum

The Oink-N-Chew company experiences a signifi- cant decline in sales when it doubles the price of its bacon-flavored bubblegum.

An increase in the federal minimum wage results in a decline in sales of fast food.

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