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Economics

For each of the following scenarios draw a supply and demand graph. In each graph be sure to include supply and demand curves, labels and points to identify the original and new equilibrium. a. The U.S. Surgeon General issues a report stating that tomatoes prevent colds. What is the effect on the market for tomatoes? b. A new type of robot is invented that will pick peaches. What is the effect on the market for peaches?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9439954

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