The following graph depicts the market for candy bars, currently in equilibrium. Suppose there is rapid economic growth. Shift either the supply curve or demand curve on the following graph to depict this rapid economic growth, then answer the questions that follow. PRICE (3 per candy bar 10 " . 0 03 Supply Demand 24 6 9 12 15 18 21 QUANTITY (Thousands of candy bars) 27 30 Demand Supply As a result of the rapid economic growth, the equilibrium quantity of candy bars has and the equilibrium price has
The following graph depicts the market for candy bars, currently in equilibrium. Suppose there is rapid
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