Question: Worksheet 7.3: Changes to Markets Practice graphing the following changes to markets. Begin drawing a graph that shows a market in equilibrium. Then Show the

Worksheet 7.3: Changes to Markets Practice graphing the following changes to

markets. Begin drawing a graph that shows a market in equilibrium. Then

Worksheet 7.3: Changes to Markets Practice graphing the following changes to markets. Begin drawing a graph that shows a market in equilibrium. Then Show the appropriate changes to your graphs given the following situations. Be sure to state the effect on price of the changes to the involved market. 1. There is a drought in California and no rain has fallen in two months! Many crops are devastated. What happens in the peach market? PM Quantity

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