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Use supply and demand analysis to determine the effect on the market for each event below. Illustrate each situation graphically and discuss your reasoning. Indicate
Use supply and demand analysis to determine the effect on the market for each event below. Illustrate each situation graphically and discuss your reasoning. Indicate explicitly what happens to price and quantity in each case. Look only at the factor mentioned in the articles; do not do any other outside research on the issue. Use the following article to analyze the potential impact on the market for chicken: Cattle and beef prices hit the stratosphere
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