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Consider the perfectly competitive market for bananas in Australia using supply and demand model. Explain the effect of each of the following with the help

Consider the perfectly competitive market for bananas in Australia using supply and demand model. Explain the effect of each of the following with the help of a diagram on equilibrium price and quantity:

a)Conflict with China.

b)Flooding in Queensland.

c)Invention of a new banana plant variety that is relatively easy to grow.

d)Shortage of workers on bananas farms.

e)Breakout of a new fungal disease that damages banana production across the country.

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