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    Principles of Macroeconomics Study Set 11
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    Exam 4: Demand and Supply Applications
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    Suppose the Demand for Bananas Increases
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Suppose the Demand for Bananas Increases

Question 25

Question 25

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Suppose the demand for bananas increases. Explain how the price of bananas adjusts after the increase in demand.

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If the demand for bananas rises, a short...

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