Destroys several beer bottling facilities

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Reference no: EM13851228

Suppose there is a flood in St. Louis, Missouri, that destroys several beer bottling facilities. Which of the following would not be a direct result of this event?

Sellers would not be able to produce and sell as much as before at each relevant price.

The supply would decrease.

Buyers would not be willing to buy as much as before at each relevant price.

The equilibrium price would rise.

Reference no: EM13851228

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