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The demand for peaches is highest during summer and lowest during winter, yet peach prices are normally lower in summer than in winter. Using supply

The demand for peaches is highest during summer and lowest during winter, yet peach prices are normally lower in summer than in winter.

Using supply and demand analysis, demonstrate how this is possible.Carefully label the curves in your graph and clearly indicate the equilibrium summer price and the equilibrium winter price and briefly explain.

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