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(Solved): Determine what will happen in the market for pretzels in each of the following. Pick one of th ...



Determine what will happen in the market for pretzels in each of the following. Pick one of the four choices given below in each case, you can use the choices more than once. Use for questions #1 through #8. Make sure that you pick the choice that occurs first. For example: If taste or preference increases for pretzels this will increase demand choice #1. Taste and preference are a determinant of demand, causing the curve to shift out and to the right. Each question is worth 2 points for a total of 20 points. in each of the following. Pick one of the four choices given below in each case. (Use for questions #1 - #8) Choice: #1 Increase in the demand for pretzels. #2 Decrease in the demand for pretzels. #3 Increase in the supply of pretzels. #4 Decrease in the supply of pretzels. 1. There is an increase in the number of consumers.



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