For each of the following market situations,explain whether the supply curve or the demand curve shits,in which direction does it shift,and the equilibrium price and quantity as a result of the change.
a.The market for Ginkgo Biloba after studies shows its efficacy at memory retention with no adverse side effects.

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The Answer of For each of the following market situations,explain whether the supply curve or the demand curve shits,in which direction does it shift,and the equilibrium price and quantity as a result of the change.
a.The market for Ginkgo Biloba after studies shows its efficacy at memory retention with no adverse side effects.

For Each of the Following Market Situations,explain Whether the Supply