题目内容

c. Now assume that an increase in the price of sugar has caused a shift in the supply curve. At each price, the quantity supplied has been reduced by 150 million. The shift in the supply curve will (7) (increase/decrease)price and (8) (increase/decrease) quantity. According to the demand schedule you made in part c, the new equilibrium price following the increase in the price of sugar is (9) cents, and new equilibrium quantity is (10) . __

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