You have a love of cinnamon bear gummies and are willing to pay of $2.00/lb for them.

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You have a love of cinnamon bear gummies and are willing to pay of $2.00/lb for them. The equilibrium price of cinnamon gummies is $2.25. Which of the following could generate a price where you would buy cinnamon bear gummies?

a. An increase in supply

b. A decrease in supply

c. A decrease in market demand

d. Both a and c

e. Both b and c

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Introduction To Economics Social Issues And Economic Thinking

ISBN: 9780470574782

1st Edition

Authors: Wendy A. Stock

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Question Posted: Oct 27, 2023 11:53 PM

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You have a love of cinnamon bear gummies and are willing to pay of $2.00/lb for them.

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To make you willing to buy cinnamon bear gummies at the equilibrium price of 225 when yo...View the full answer

Introduction To Economics Social Issues And Economic Thinking

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