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Price per bushel quantity demand quantity supplied $.40 39.000 83,000 $.35 48,000 78,000 $.30 58,000 74,000 $.25 67.000 67,000 $.20 75,000 62,000 $.15 81,000 59,000

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Price per bushel quantity demand quantity supplied $.40 39.000 83,000 $.35 48,000 78,000 $.30 58,000 74,000 $.25 67.000 67,000 $.20 75,000 62,000 $.15 81,000 59,000 Part 3. More difficult thought questions 1. A freeze destroys Florida's orange crop. Show graphically what will happen to the equilibrium price and quantity of apple juice. 2. Economic stress causes more heart attacks. At the same time, more organ donors are living longer. Show what will happen to equilibrium price and quantity of heart transplants

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