Question: 1-Ceteris paribus, use demand and supply analysis and graph(s); explain why the price of watermelon decreases in summer even though the demand for watermelon increases.
1-Ceteris paribus, use demand and supply analysis and graph(s); explain why the price of watermelon decreases in summer even though the demand for watermelon increases.
2-Ceteris Paribus, assume at the same time as the demand for e-scooters were increasing the federal government imposed a tax on e-scooter suppliers. Use demand and supply analysis to graphically represent and explain the impact on price and quantity in the market for e-scooters. (HINT: there is more than one possibility to the changes in price and quantity)
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