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Other Fields Homework Help Economics Topic started by: lstar1993 on Feb 25, 2019



Title: Let D = demand, S = supply, P = equilibrium price, and Q= equilibrium quantity. What happens in the ...
Post by: lstar1993 on Feb 25, 2019
Let D = demand, S = supply, P = equilibrium price, and Q= equilibrium quantity. What happens in the market for walnuts if the Centers for Disease Control and Prevention announces that consuming a half cup of walnuts each week helps to lower levels of bad cholesterol?

D increases, S no change, P and Q increase.

S increases, D no change, P decreases, Q increases.

D and S increase, P and Q decrease.

D no change, S increases, P decreases, Q decreases.


Title: Let D = demand, S = supply, P = equilibrium price, and Q= equilibrium quantity. What happens in the ...
Post by: samah952 on Feb 25, 2019
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