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Vitamin C is a generic product that is produced by many companies. Brand names are not important, and entry is easy. A new article is

Vitamin C is a generic product that is produced by many companies. Brand names are not important, and entry is easy. A new article is published in the New England Journal of Medicine showing that daily doses of Vitamin C have large beneficial effects on adults, with no adverse effects. Using your knowledge of Industrial Organization you predict that demand for Vitamin C will go up, and - as a result - price will increase.

True/False/Uncertain and explain

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