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Suppose a Recent Epidemic of Mad Cow Disease Causes the Government

Question 27

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Suppose a recent epidemic of mad cow disease causes the government to mandate that thousands of cows be put down. What effect will this have on the market for leather shoes?


A) The demand for leather shoes will increase.
B) The supply of leather shoes will decrease.
C) The demand and supply of leather shoes will increase.
D) This scenario will not affect the market for leather shoes.

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