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Suppose there has been an increase in the equilibrium price and quantity in the market for chickens. ...

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Suppose there has been an increase in the equilibrium price and quantity in the market for chickens. ...

Suppose there has been an increase in the equilibrium price and quantity in the market for chickens. Which of the following events could have caused this?

▸ The price of chicken coops has gone up.

▸ More poultry farmers have started hatching chicks.

▸ People quarantining at home have decided they want to try raising backyard chickens.

▸ A study recently came out highlighting the salmonella outbreaks linked to backyard chickens.

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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whitedreamerz Author

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Correct

vanna2014

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Thanks

megan.xo

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this is exactly what I needed

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