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Business, 08.06.2021 20:20, brylove5490
Suppose that the turkey industry is in long-run equilibrium at a price of $5 per pound of turkey and a quantity of 400 million pounds per year. Suppose that WebMD claims that a protein found in turkey will increase your expected lifespan by 2 years. WebMD's claim will cause consumers to demand turkey at every price.
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Suppose that the turkey industry is in long-run equilibrium at a price of $5 per pound of turkey and...
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