On August 5, 2003, a tragic fire destroyed a large Jim Beam whiskey factory in Kentucky. Assume that the U. S. market for whiskey is perfectly competitive, and that the market was originally in long run equilibrium. What would be the effects of such an incident
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Home » Business » On August 5, 2003, a tragic fire destroyed a large Jim Beam whiskey factory in Kentucky. Assume that the U. S. market for whiskey is perfectly competitive, and that the market was originally in long run equilibrium.