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Shifts in Supply and Demand 1. There is a drought in California and no rain has fallen in two months! Many crops are devastated. What

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Shifts in Supply and Demand 1. There is a drought in California and no rain has fallen in two months! Many crops are devastated. What happens in the peach market? 2. The price of books has increased greatly. What happens in the marketplace for books from the consumer's point of view? 3. The quantity supplied of comic books is much greater than the quantity demanded for comic books. What is occurring in the marketplace for comic books? 4. If the government imposes a tax on coffee producers. What occurs in the Coffee Market? 5. There has been moderate rainfall this year creating a bumper crop of strawberries. What impact is likely going to be seen in the market? 6. The government has introduced a subsidy for electric car manufacturers. What will occur in the EV Auto market from the manufacturer's point of view? 7. Taylor Swift has recently begun dating Travis Kelce. What impact will be seen in the market for OKC merch? 8. Apple has just released the iphone 15. What will occur in the market for the iPhone 14

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