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16. The cupcake manufacturer adopts a new recipe which calls for substituting butter...
16. The cupcake manufacturer adopts a new recipe which calls for substituting butter for the fact previously used in making cupcakes. The price stays the same. As a result, the cupcakes taste much better. Joe really appreciates this improvement. His demand for cupcakes increases, as shown in the diagram below. Fill in the diagram to show how much his consumer's surplus increases. 2.50 - - - k New Demand * CUPCAKES само