Following a recent atmospheric phenomenon, a large amount of the fruit crop was destroyed simultaneously with the arrival of the high season of gastronomic events.

Prepare a graph where they represent the intersection of the demand and supply curves to establish the equilibrium point, the price and the quantity of the initial equilibrium.

Analyze each situation and identify the curves you must move to find the equilibrium point, the price, and the quantity of the final equilibrium when comparing with the initial equilibrium.

Evaluate each situation in terms of:

* The effect on demand (increases or decreases)

* The effect on supply (increases or decreases)

* The effect on the equilibrium price and quantity (increases or decreases)

Answer rating: 100% (QA)

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