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The Invisible Hand Essay Please read the following scenario and respond to the question in an essay spanning 1-2 pages. You should type on this WORD document and submit it by the due date. Scenario: A blight devastates a vast wheat crop in Ukraine. As a result of the diminished wheat supply, global wheat prices soar. Initially, consumers respond to the price hike by reducing their wheat purchases, thereby conserving the remaining supply for those who value it the most – potentially individuals dependent on wheat for sustenance and businesses relying on it for various products. Q. What might be an important secondary effect?
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