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Economics arguments supporting diagrams

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Reference no: EM131452753

Use a supply and demand analysis to predict what will happen to the equilibrium price and quantity of cherries if cherries are discovered to help prevent colds AND a fungus kills 10 percent of existing cherry trees. You must provide clearly labelled supply and demand diagrams. You must also provide well-written economics arguments supporting your diagrams.

Reference no: EM131452753

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