Business, 16.03.2020 21:31 thelukp7fihp

The price of apples used to make apple pies has increased. At the same time, people expect the price of apple pies to increase significantly in the future. Given these two effects, what will happen to the current equilibrium quantity and price of apple pies?

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The price of apples used to make apple pies has increased. At the same time, people expect the price...

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