Explain, where possible, what would happen to the price and quantity of chips sold by fish and chips shops in the following circumstances: (a) A failure of the potato crop is caused by bad weather....

Explain, where possible, what would happen to the price and quantity of chips sold by fish and chips shops in the following circumstances:

(a) A failure of the potato crop is caused by bad weather.


(b) Publication of evidence that excessive consumption of fats and carbohydrates leads to ill healThis taken seriously by many people.


(c) BoTh(a) and (b) occur.




May 26, 2022
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