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Suppose egg producers succeed in permanently

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Suppose egg producers succeed in permanently raising the price of their product by 15%, and as a result the quantity demanded falls by 15% in the short run. In the long run we can expect the quantity demanded to fall by.

Reference no: EM131786801

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Suppose egg producers succeed in permanently : Suppose egg producers succeed in permanently raising the price of their product by 15%, and as a result the quantity demanded falls by 15% in the short run.
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