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Using words and graphs to explain the impact of the following events on the demand and supply of hamburgers. New grilling technology cuts production time

Using words and graphs to explain the impact of the following events on the demand and supply of hamburgers.

  1. New grilling technology cuts production time of hambergers in half.
  2. The price of chicken burgers, a substitute for hambergers, increases.
  3. The price of hambergers decreases.
  4. The price of ground beef triples.
  5. Consumer income rises

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