Why did the price fall and quantity rise, Microeconomics

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Why did the price fall and quantity rise

Problem

Why did the price fall and quantity rise. Suppose you are told that last year the price of peanuts fell and the quality sold increased. Using supply and demand analysis explain how these changes occurred.

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: Why did the price fall and quantity rise

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