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Areas of consumer and producer surplus

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Reference no: EM132232340

A new medical study indicates that eating blueberries helps prevent cancer. If the demand for blueberries increases, what will happen to the size of the consumer and producer surplus? Illustrate your answer in a fully labeled graph. Make sure to appropriately show the shift in demand, and label the new and old areas of consumer and producer surplus.

Reference no: EM132232340

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