How are the following events likely to affect equilibrium price and equilibrium quantity in the maple syrup market?
a. The price of pancake mix doubles.
b. Academic scientists claim that consuming maple syrup raises good cholesterol.
c. Sap streak disease spreads throughout North America, killing tens of thousands of maple trees.
d. The price of a popular pancake syrup made with corn syrup, not maple syrup, increases.

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The Answer of How are the following events likely to affect equilibrium price and equilibrium quantity in the maple syrup market?
a. The price of pancake mix doubles.
b. Academic scientists claim that consuming maple syrup raises good cholesterol.
c. Sap streak disease spreads throughout North America, killing tens of thousands of maple trees.
d. The price of a popular pancake syrup made with corn syrup, not maple syrup, increases.

How Are the Following Events Likely to Affect Equilibrium Price