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Chapter 2 - Economic Issues - application exercise Indicate whether the price of a product will most likely go up or down in the following situations a. There is a drought in Saskatchewan. What happens to the price of a bushel of wheat? b. Strawberries are in season. What happens to their price? c. It's the ski season in the Rockies. What happens to the price of motel rooms? d. A nutrition study indicates that red meat should be eaten only in moderation, if at all. What happens to the price of red meat? e. A major corporation announces that is has to borrow money in order to stay in business. What happens to the price of its stock