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The market for grape jelly is initially in equilibrium and is shown below. Poor weather conditions have resulted in an unusually low production of

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The market for grape jelly is initially in equilibrium and is shown below. Poor weather conditions have resulted in an unusually low production of grapes. Demonstrate this effect on the equilibrium price and quantity of grape jelly by shifting the appropriate curve on the graph below. Provide your answer below: Price Demand Supply

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