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What happens to the equilibrium price of manual pencil sharpeners when the supply unexpectedly decreases? Mechanical pencils declare themselves the new rulers of the writing

What happens to the equilibrium price of manual pencil sharpeners when the supply unexpectedly decreases? Mechanical pencils declare themselves the new rulers of the writing world Equilibrium price increases Knives declare themselves as the "original precision technique" O Equilibrium price drops, and pencil sharpeners start offering "pencil conservation" services

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