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1 4 . Application: Demand elasticity and agriculture The following graph illustrates the market for walnuts. It plots the monthly supply of walnuts and the

14. Application: Demand elasticity and agriculture
The following graph illustrates the market for walnuts. It plots the monthly supply of walnuts and the monthly demand for walnuts. Suppose a stretch of unseasonably good weather occurs, allowing walnut growers to produce more walnuts per hectare.
Show the effect this shock has on the market for walnuts by shifting the demand curve, supply curve, or both.
Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther.

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