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The popularity of the cereal increases at the same time new technology lowers production costs. (Double Shift) 1. Draw and Label Equilibrium: 2. The Change:

The popularity of the cereal increases at the same time new technology lowers production costs. (Double Shift) 1. Draw and Label Equilibrium: 2. The Change: Demand- Supply- 3. After: P or Down Shifter tastes Down Shifter- tech ___ Quantity_'|'_

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