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AFRE 265Ecological Economics Activity 2Equilibrium The objective of this exercise is to improve your ability to analyze markets using market supply and market demand graphs

AFRE 265Ecological Economics Activity 2Equilibrium The objective of this exercise is to improve your ability to analyze markets using market supply and market demand graphs (which we just call supply and demand graphs from here on out). The concepts of market equilibrium, total surplus, disequilibrium, and effects of shifting curves will be developed. Consider the market demand and market supply for strawberries as shown on Table 1

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