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lectur15-page52 - BUT, prices in fact increase due to...

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52 Price S 0 D S 1 P 1 P 0 Supply decreases based on the producer’s expectation of a price decrease
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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