Over the past 10 years the craft beer industry has grown tremendously. Whether it is a byproduct of the "buy local" movement or because beer drinkers have become more refined, more and more people are putting down their Bud Light and picking up a bottle o Sweet Baby Jesus or Blithering Idiot. For each of the items to the right of the figure, label where the new equilibrium will be relative to the original equilibrium, E1. Price Craft Beer Market S A More beer drinkers prefer craft beer over national brands. B The price of hops, a key ingredient in beer, has risen. The price of wine has fallen. E D tityC Quantity Despite the increase in the price of hops, a key ingredient in beer, sales of craft beer increase as beer drinkers switch from drinking national brande