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    Principles of Microeconomics Study Set 3
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    Exam 3: The Market at Work: Supply and Demand
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    Using a Supply and Demand Model,show What Happens to the Equilibrium
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Using a Supply and Demand Model,show What Happens to the Equilibrium

Question 20

Question 20

Essay

Using a supply and demand model,show what happens to the equilibrium price and equilibrium quantity in the market for bagels if,holding all else constant,the price of cream cheese decreases.

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