3. The price of coke increases. At the same time, robots are developed which prove to...
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3. The price of coke increases. At the same time, robots are developed which prove to lower the cost of production of fanta. i. As a result of the simultaneous increase in the price of coke and the drop in the cost of production for fanta, explain the changes in price and quantity of fanta in the new equilibrium. 3. The price of coke increases. At the same time, robots are developed which prove to lower the cost of production of fanta. i. As a result of the simultaneous increase in the price of coke and the drop in the cost of production for fanta, explain the changes in price and quantity of fanta in the new equilibrium.
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Impact on Fantas price and quantity in the new equilibrium Increase in CocaCola price This acts as a ... View the full answer
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