5. Draw a supply and demand curve for local fast food. A new Chick-fil-A, Chipotle, and McDonald's open up, what happens to the supply and demand of fast food? Why? P D Q

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
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Chapter5: Elastic And Its Application
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5. Draw a supply and demand
curve for local fast food. A new
Chick-fil-A, Chipotle, and
McDonald's open up, what
happens to the supply and
demand of fast food? Why?
P
D
Q
Transcribed Image Text:5. Draw a supply and demand curve for local fast food. A new Chick-fil-A, Chipotle, and McDonald's open up, what happens to the supply and demand of fast food? Why? P D Q
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