Question
in the market for breakfast food, new chicken farms in kansas have lowered egg prices and consumers are purchasing more eggs and eggs products. Simultaneously
in the market for breakfast food, new chicken farms in kansas have lowered egg prices and consumers are purchasing more eggs and eggs products. Simultaneously , Colorado wheat farmers are experiencing drought and crop failing which increase the price of the flour. Consider the market for breakfast food and think about donut and pastries. use the information provided to draw a market equilibrium graph to illustrate what is happening in the market for donuts and pastries. identify and describe the appropriate changing non -price determinants.
-explain which non-price determinants of demand and/or supply are changing
--draw a graph ( without computer) and clearly label axes, lines and equilibrium in a piece of paper
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