[Solution Library] The demand and supply for potato chips are: Suppose a new dip comes on the market, which is very popu1ar and the demand for potato chips
Question: The demand and supply for potato chips are:
Suppose a new dip comes on the market, which is very popu1ar and the demand for potato chips increases by 30 mi1 ion bags per week .
- Has there been a shift of or a movement a1ong the supply curve of potato chips?
- Has there been a shift of or a movement along the demand curve for potato chips
- what are the new equilibrium price and equilibrium quantity of potato chips.
Deliverable: Word Document 
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