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suppose the price of grapes increases and the demand for bananas increases. You determine that these goods must be substitutes. A nasty fungus sharply reduces

suppose the price of grapes increases and the demand for bananas increases.

You determine that these goods must be

substitutes. A nasty fungus sharply reduces the supply of

flour for breadflourforbread. What will happen to the equilibrium price and quantity of both

toast and eggs as a result of this event?

Part 3: Using the line drawing tool, illustrate the impact of the reduced supply of

flour for bread flour for bread

on the market fo toast by either drawing a new supply or demand curve. Label the new curve either S2 OR D2

Using the point drawing tool, illustrate the new equilibrium in the

toast market. Label this point 'A'.

please show me a graph maybe?

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