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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