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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?

A

The equilibrium price of French fries will decrease.

B

The equilibrium quantity of tater tots will increase.

C

The equilibrium price of potatoes will decrease.

D

The equilibrium quantity of ketchup will increase.

E

The equilibrium price of onion rings will increase.

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