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with the aid of appropriate diagrams for each case , explain how the following changes will affect the market price of bread assuming that the

with the aid of appropriate diagrams for each case , explain how the following changes will affect the market price of bread assuming that the market is initially bin equilibrium

i. An increase in the price of flour

ii. A discovery of a new cheaper way of baking bread

iii. An increase in the price of beverages

iv. A change in taste in favour of bread consumption

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