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lstar1993 lstar1993
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5 years ago
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.
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Microeconomics

Microeconomics


Edition: 7th
Authors:
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samah952samah952
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5 years ago
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