The wheat market in Westeros had long been boring with the same amount of wheat

produced and sold at the same price for many years. Much to everyones surprise, the price for wheat began increasing last year and this caused some hardship for poorer citizens. Tasked to investigate the problem, Grand Measter Pycelle came back with the surprising conclusion that it was all caused by the increased popularity and price of cut flowers, especially tulips. Using a graph to illustrate your answer, explain what Measter Pycelle discovered.

To answer this question, 1) draw a supply and demand graph showing the initial price, 2) write down why the increased popularity and price of cut flowers has an impact in the wheat market, 3) draw and clearly label the new supply or demand curve in your original graph showing the new price and 4) explain why we get the changes in price and quantity you see in the graph.