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What happens to the price and quantity demanded of peanuts when a new study finds peanuts are higher in saturated fats than other nuts. Also,
What happens to the price and quantity demanded of peanuts when a new study finds peanuts are higher in saturated fats than other nuts. Also, a drought hurts peanut production.Data suggests a smaller supply change than demand change.If applicable, explain supply and demand curve movements in your response. (assume upward sloping supply curve and downward sloping demand curve) (assume similar elasticities-slopes). (5 points).
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