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

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

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