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The Figure Below Shows the Market for Blueberries in the Country

Question 135

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The figure below shows the market for blueberries in the country of Marblemont. The figure below shows the market for blueberries in the country of Marblemont.   a) Graph an increase in supply of blueberries of 150 and a simultaneous decrease in demand of 150. Draw and label the new curves D<sub>2</sub> and S<sub>2</sub> b) What will be the new equilibrium price and quantity? a) Graph an increase in supply of blueberries of 150 and a simultaneous decrease in demand of 150. Draw and label the new curves D2 and S2
b) What will be the new equilibrium price and quantity?

Correct Answer:

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a) blured image b) $2....

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