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21 October, 20:37

The price of apples falls. what happens in the market for apple pies?

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  1. 21 October, 20:41
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    It depends.

    If it is a natural supply demand situation, then the makers of apple pies should lower their prices.

    Or

    They should make fewer pies because all the apple pie makers are going to choose making apple pies because of reduced costs.

    In the market place, you can strive to make a profit, but you should never be greedy.
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