Increase in consumer income

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If the demand for cookies increases due to an increase in consumer income, and if, at the same time, increases in price of dough cause the supply of cookies to fall, the price of cookies will?

Reference no: EM131416245

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Increase in consumer income : If the demand for cookies increases due to an increase in consumer income, and if, at the same time, increases in price of dough cause the supply of cookies to fall, the price of cookies will?
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