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24 May, 19:46

An entire city likes milk and coffee equally well. milk is packaged in cardboard cartons. coffee is packaged in tin cans. yesterday the price of cookies, a complement to milk, increased in price. based on this information you will answer three questions, using equilibrium graphs to explain your responses. what will happen to the market for milk

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  1. 24 May, 19:53
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    There are 2 types of products. Substitute goods which can replace another good and complementary goods which goes to together, therefore if the complement increases the price so will the other good
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