5. Using supply-and-demand diagrams, show the effect of the following events on the market for sweatshirts. a.

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5. Using supply-and-demand diagrams, show the effect of the following events on the market for sweatshirts.

a. A hurricane in South Carolina damages the cotton crop.

b. The price of leather jackets falls.

c. All colleges require morning calisthenics in appropriate attire.

d. New knitting machines are invented.

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