You work for a company that sells pomegranate juice. Today a study was released that showed drinking pomegranate juice every morning extends your life on average by 2 years. Also, today, a new variety of pomegranate was developed that yields 5% more juice for each fruit.

Draw a graph illustrating what will happen to the equilibrium price and quantity of pomegranate juice.Be sure to title your graph and label your axes.Also, be sure to note each equilibrium price and quantity on the price and quantity axes.