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Author Question: Refer to Scenario 3.3 below to answer the question(s) that follow. SCENARIO 3.3: Mustard and ... (Read 85 times)

Awilson837

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on: Apr 19, 2019

Refer to Scenario 3.3 below to answer the question(s) that follow.



SCENARIO 3.3: Mustard and mayonnaise are substitutes. Mustard and relish are complements. Mustard is a normal good. During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.





Refer to Scenario 3.3. The government wants to protect consumers from rising food prices. Therefore, price restrictions are imposed on mustard producers, prohibiting them from raising the price of mustard. This will cause


◦ an excess demand for mustard.
◦ an excess supply of mustard.
◦ an increase in the demand for mustard.
◦ a decrease in the supply of mustard.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Awilson837 on Apr 19, 2019

diana chang

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Reply #1 on: Apr 19, 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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Awilson837

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Reply #2 on: Apr 19, 2019
Thanks


diana chang

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Reply #3 on: Apr 19, 2019
Welcome :)


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