University of Dayton

There is a new demand schedule, and the demand curve shifts rightward. c. The equilibrium price is 80 cents, and the equilibrium quantity is 160 million bags a week. Demand increases by 30 millions bags a week. That is, the quantity demanded at each price increases by 30 million bags. The quantity demanded at 65 cents is now 17potatoe chips. The price rises to 80 cents a bag, at which the ... ................
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