Mathematics, 06.03.2020 18:53 aaliyah80

Consider the market for tomatoes as a perfectly competitive market, and suppose it is currently at a long run equilibrium. Then, suppose the FDA comes out with a favorable report, saying that tomato consumption reduces cancer. 9.1. Short run market impact Compared to the initial equilibrium, how do the market price and quantity change in the short run?

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Consider the market for tomatoes as a perfectly competitive market, and suppose it is currently at a...