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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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