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Suppose the market for rice is perfectly competitive. What effect will the widespread popularity of quinoa...

Suppose the market for rice is perfectly competitive. What effect will the widespread popularity of quinoa (as a replacement for rice) have on the rice market in the short run and the long run? Illustrate with two carefully labeled graphs showing the effects at both the market level and the firm level **the price axes on the two graphs should be linked with each other.*

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