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Suppose that the chicken industry is in long-run equilibrium at a price of $5 per pound of chicken and a quantity of 150 million pounds per year. Suppose the Surgeon General issues a report saying that eating chicken is bad for your health 2 4 2 The Surgeon Generals report will cause consumers to demand ▼ chicken at every price. In the short run, firms will respond by Shift the demand curve, the supply curve, or both on the following graph to illustrate these short-run effects of the Surgeon Generals report Supp Demand Supply emand 0 30 60 9020 150 180 210 240 270 300 0 QUANTITY (Millions of pounds)

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