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Potatoes are an input for French fries and tater tots. Onion rings are a substitute for French fries, and ketchup is a complement for French fries. All of these items are produced in perfectly competitive markets. A blight destroys a substantial portion of the potato crop. Which of the following is most likely to occur as a result?


The equilibrium price of French fries will decrease.


The equilibrium quantity of tater tots will increase.


The equilibrium price of potatoes will decrease.


The equilibrium quantity of ketchup will increase.


The equilibrium price of onion rings will increase.

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