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Suppose that the price of flour used to produce bagels increases. Hence the equilibrium price of a bagel ________ and the equilibrium quantity ________. A. does not change; does not change B. falls;
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Jul 1, 2021
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Suppose that the price of flour used to produce bagels increases. Hence the equilibrium price of a bagel ________ and the equilibrium quantity ________. A. does not change; does not change B. falls; decreases C. rises; decreases D. falls; increases E. rises; increases
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Answer: The answer is E. rises; increases
Step-by-step explanation:
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