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October 22, 2014

Homework Help: Macroeconomics

Posted by Wayne on Saturday, September 15, 2012 at 8:44pm.

What happens to the equilibrium price and quantity of ice cream in response to each of the following? (Explain your answers).
a. The price of dairy cow fodder increases.
b. The price of beef decreases.
c. Concerns arise about the fat content of ice cream. Simultaneously, the price of sugar (use3d to produce ice cream) Increases.

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