Chteauneuf-du-Pape is one of the most renowned French wines. Franzia is a wine that comes in a box. Suppose a recession occurs and incomes fall. What happens to the market for Franzia? What happens to the market for Chteauneuf-du-Pape? Draw and label supply-and-demand graphs for the market for Chateauneuf-du-Pape and the market for Franzia, show how the curves shift, and label appropriately showing the effects on equilibrium price and quantity.