(Answered) Show the effect of each on the monopoly market equilibrium

Management Studies

Show the effect of each on the monopoly market equilibrium; you don't need to have exact answers but explain the direction of change in the demand and/or marginal cost curves.

1. Carrots prices rise.

2. There is blight, and carrots are in short supply at higher prices.

3. Quality of products reduced.

4. Quality of products enhanced.

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