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Over this long run of time how do you think the price of

Question - Between 1993 and 2006, the consumption of wine in America increased by 59%. This means on the average each resident was drinking 2.4 more gallons of wine per year.

Over this long run of time, how do you think the price of wine changed? What happened to the profits and supply of California grape producers?

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Microeconomics: Over this long run of time how do you think the price of

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Microeconomics: Over this long run of time how do you think the price of

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