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What would be the effects of each of the following on the demand for hamburger in Hilo, Hawaii? In each case, identify the responsible determinant
What would be the effects of each of the following on the demand for hamburger in Hilo, Hawaii? In each case, identify the responsible determinant of demand.
The price of chicken falls.
The price of hamburger buns doubles.
Scientists find that eating hamburger prolongs life.
The population of Hilo doubles.
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