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The market is initially in equilibrium at point b. if demand shifts from d2 to d1 and the price of burritos remains constant at $4.00, there will be:
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Jul 10, 2018
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The market is initially in equilibrium at point
b. if demand shifts from d2 to d1 and the price of burritos remains constant at $4.00, there will be:
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Grant Shannon
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disequilibrium and a surplus because the quantity supplied will be greater than quantity demanded at a price of $4.00
David Fregoli
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Jul 16, 2018
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David Fregoli
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