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Business, 25.01.2021 20:20 jennsou

Suppose that high temperatures and a lack of rain in the Pacific Northwest cause a shortage of cranberries, leading to a rise in cranberry prices. How would this affect the equilibrium price and quantity for other products that use cranberries, such as cranberry sauce and cranberry juice?

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Suppose that high temperatures and a lack of rain in the Pacific Northwest cause a shortage of cranb...
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