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    The switch to the use of HFCS from sugar in soft drinks was prompted in large part by its relatively lower price. Assuming a competitive market, what effect would this change have on the equilibrium price and output for soft drinks?

    price rises, output falls
    price falls, output rises
    price rises, output rises
    price falls, output falls

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    https://brainmass.com/economics/demand-supply/equilibrium-price-and-output-157627

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    The switch to the use of HFCS from sugar in soft drinks was prompted in large part by its relatively lower price. Assuming a competitive market, what effect would this change have ...

    Solution Summary

    Determine the effect on equilibrium price and output.

    $2.49

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