Considering the supply and demand for oatmeal

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Considering the supply and demand for oatmeal. What would happen to the supply and demand curves in these situations:

People decide that they no longer like oatmeal.

The Quaker company goes out of business

The price of wheat ( a substitute in production) increases.

The Surgeon General announces that everyone should be eating a bowl of oatmeal a day.

People’s income go up (assuming, oatmeal is an inferior good)

Reference no: EM131009691

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