Answer the following questions (and fully justify your answers): a. If the demand curve for eggs shifts
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a. If the demand curve for eggs shifts to the right by 100 eggs, in which direction does the price change?
b. If the supply curve for eggs shifts to the left by 100 eggs, in which direction does the price change?
c. Which of the two price changes you've just considered is bigger?
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a The price rises b The price rises c Both ...View the full answer
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