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I need help with this?! Read Good news for coffee prices as top producer Vietnam sees bumper crop: https://www.news24.com/fin24/economy/world/good-news-for-coffee-prices-as-top-producer-vietnam- sees-bumper-crop-20221023 1. Use the market model

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Read "Good news for coffee prices as top producer Vietnam sees bumper crop": https://www.news24.com/fin24/economy/world/good-news-for-coffee-prices-as-top-producer-vietnam- sees-bumper-crop-20221023 1. Use the market model to illustrate what the article describes. To do this, you will need to determine: a. Which is changing, supply, or demand? b. Does the change identified in part a lead to an increase or decrease? c. What factors are causing or contributing to the change? Cite evidence from the news article that backs up your statement. 2. Sketch a market model that illustrates what is going on in the article based on your documented problem-solving. Sketch the model based on your answers in part 2. Show the initial market equilibrium price as either "P1" or "P*" and market equilibrium quantity as either "Q1" or "Q*." Draw the change in the appropriate curve, using an arrow to show the direction of the change and label the new curve as either "New Demand" or "New Supply." Label the new market equilibrium price and quantity and label those points "P2" and "Q2". State the impact of the change in the market equilibrium price and quantity in the coffee market (is the market equilibrium price and quantity increasing, decreasing or staying the same?)

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