How will the invisible hand move corn prices in response to: a. A flood that destroys a

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How will the invisible hand move corn prices in response to:
a. A flood that destroys a great deal of the corn crop?
b. A rise in the price of wheat (a substitute for corn)?
c. A change in consumer tastes away from corn dogs toward hot dogs?
d. An increase in the number of people with access to the corn market?
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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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