Question
A. Draw a graph for the supply and demand of lemon juice. B. Now, on the same graph draw what happens if a storm kills
A. Draw a graph for the supply and demand of lemon juice.
B. Now, on the same graph draw what happens if a storm kills half the lemon crops.
C. Given the above information, draw a graph, what happens in the market for the orange juice?
Based on chapter 4 of Principles of Macroeconomics (Eighth edition) N. Gregory Mankiw.
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
