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Question 2 of 13 All of the goods below are either sold inperfectly competitive markets...

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Economics

Question 2 of 13 All of the goods below are either sold inperfectly competitive markets or in secondary markets that are alsocompetitive. Suppose that the market (or the secondary market)starts in equilibrium. For each of the following scenarios,determine whe there would be upward or downward pressure on theprice immediately after the event.

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Answer Bank Sub-zero weather in New York, where the Super Bowlis being played, causes people to become disinterested in watchingthe Super Bowl live. What happens to ticket price in the scalpingmarket? An outbreak of mad cow disease causes Americans to abstainfrom eating beef. The Nile River flowle shis were add anexrentions

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