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A Major Grocery Store Chain Switches from Bagging Groceries in Paper

Question 90

Multiple Choice

A major grocery store chain switches from bagging groceries in paper sacks to bagging them in plastic bags. As a result, the grocery chain demands more plastic bags than are available at the current market price. As a result:


A) ​the market price for paper sacks is likely to increase.
B) ​the market price for plastic bags is likely to increase.
C) ​the quantity of paper sacks purchased by the chain is likely to increase.
D) ​none of the above

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