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19 1 pts (Figure: The Demand and Supply of Quinoa) Use Figure: The Demand and Supply of Quinoa. Suppose the demand for Quinoa increases by
19 1 pts (Figure: The Demand and Supply of Quinoa) Use Figure: The Demand and Supply of Quinoa. Suppose the demand for Quinoa increases by 2,000 bushels per period at each price, and at the same time, the supply of Quinoa decreases by 2,000 bushels at each price due to unfavorable weather conditions. As a result, the equilibrium price will be $ Price (per bushel) $10 and equilibrium quantity will be S bushels per period. $7; 5,000 $7; 7,000 $6; 6,000 $8; 6,000 9 8 7 6 5 4321 0 2 4 6 8 10 D 12 Quantity of quinoa (thousands of bushels per period)
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