Question: TYPED EXPLANATION PLEASE-Can someone please come up with a thorough explanation for each scenario including the underlying determinant that causes changes in demand/quantity demanded OR

TYPED EXPLANATION PLEASE-Can someone please come up with a thorough explanation for each scenario including the underlying determinant that causes changes in demand/quantity demanded OR supply/quantity supplied depending on the scenario? Also, attach what the graph would look like using THE ARROWS/LABELS provided and using the empty graph to the left as a template. (Complete questions 1-3)

TYPED EXPLANATION PLEASE-Can someone please come up with a thorough explanation for

1. What is likely to happen to demand for pork if a major mad cow disease outbreak forces US farmer to slaughter a significant population of cows resulting in severe beef shortage, given that in the eyes of the consumers both of those goods could easily replace one another? D. S. Do qc 2. The reports from the citrus producing farmers are riddled with fears that harvest of oranges this year will be at a ten-year low due to the devastating drought caused by El Nino. What is likely to happen to the supply of orange juice if those fears are realized? 3 . To get rid of their excessive end of the season inventories electronic department store chains released nationwide TV ads that announced that the laptop PCs of all makes and models will carry large instant rebates during the entire next week. What is likely to happen to demand for laptops as well as their quantity demanded during that week? Do 4c

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