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(1) we observe that the equilibrium price of turkey meatball rises. explain whether or not a rise in the price of turkey is responsible for this observation.
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Jan 25, 2018
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(1) we observe that the equilibrium price of turkey meatball rises. explain whether or not a rise in the price of turkey is responsible for this observation.
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The price of turkey didn't necessarily go up, but if demand rose then so did the price.
Jeroen De Dauw
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Jan 30, 2018
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