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In each of the following situations,list what will happen to the equilibrium price and the equilibrium quantity for a particular product,which is an inferior good.
a.The population decreases and productivity increases
b.Income increases and the price of inputs increase
c.The number of firms in the market decreases and income decreases
d.Consumer preference decreases and the price of a complement increases
e.The price of a substitute in consumption increases and the price of a substitute in production increases
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A petroleum-based product infused with antimicrobial agents to prevent or inhibit the growth of microorganisms.
Alginate
A biodegradable polymer extracted from seaweed, used in wound dressings and as an ingredient in food and pharmaceutical products.
Foam Dressing
A type of medical dressing made of polyurethane foam that absorbs wound exudate and maintains a moist wound environment conducive to healing.
Contaminated Wound
A wound with the presence of bacteria or other pathogens that can potentially lead to infection.
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