Describe new situation in the jelly bean market


Problem

kawmin then opens the market to trade. Draw another graph to describe new situation in the jelly bean market. Calculate the equilibrium price, quantities of consumption and production, imports, consumers surplus.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Describe new situation in the jelly bean market
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