this change affects not only the market for cherries but other markets as well. assume that blueberries are a substitute for cherries. which of the following statements are true when considering the effect of the increase in the demand for cherries on the general equilibrium of an entire economy? check all that apply.
a-The change in the price of cherries will probably lead to changes in other markets, such as the market for blueberries.
b-Changes in other markets to respond to the cherries market could cause more changes to the cherries market in order for the economy to reach general equilibrium.
c-The change in the cherries market may cause firms that pick cherries to shut down, and the resources used by those firms may be used by firms entering other markets.