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What determinant is causing the change

Assignment Help Macroeconomics
Reference no: EM132632012

1. Using supply and demand analysis to evaluate the article below by following these steps:

a. After reading the article, is it demand or supply side and in which direction is demand or supply moving? Type in the word "Demand" or "Supply" and then the direction of the change-type in "increasing" or "decreasing."

b. Secondly, what determinant (shifter) is causing the change?

c. Finally, what happens to equilibrium price and equilibrium quantity (Pe, Qe) in the market once the shift occurs? (Use ↑↓ arrows, or simply type "increase" or "decrease" after the Pe and Qe.)

(Daily Finance) -- But for now, Shatto (milk) is benefiting from organic and farm-to-table movements becoming more and more mainstream. "People were definitely interested that we didn't use any growth hormones," Barb says. Others like the company's environmental practices, like the returnable, reusable bottles, the fact they use washcloths to clean cow udders before milking and that they utilize reclaimed timber sawdust for the cows' bedding. (Market: milk)

Reference no: EM132632012

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