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Author Question: If the demand for jelly increases, and the price of grapes (used to make jelly) rises: (Read 121 times)

Hungry!

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on: Jul 20, 2019
If the demand for jelly increases, and the price of grapes (used to make jelly) rises:
◦ the equilibrium price of jelly falls and the equilibrium quantity of jelly might rise or fall.
◦ the equilibrium price of jelly rises and the equilibrium quantity of jelly might rise or fall.
◦ the equilibrium price of jelly falls and the equilibrium quantity of jelly rises.
◦ the equilibrium quantity of jelly falls and the equilibrium price of jelly might rise or fall.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by Hungry! on Jul 20, 2019

matt

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Hungry!

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Reply 2 on: Jul 20, 2019
Great answer, keep it coming :)

sailorcrescent

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Reply 3 on: Yesterday
Wow, this really help

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