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QUESTION

Draw the demand curve for tomatoes and the supply curve for tomatoes in january 2009 if the equilibrium quantity of tomatoes is​ 200,000 boxes a week and the equilibrium price is​ $6.50 a box. lab

Draw the demand curve for tomatoes and the supply curve for tomatoes in january 2009 if the equilibrium quantity of tomatoes is​ 200,000 boxes a week and the equilibrium price is​ $6.50 a box. label the curves. draw a point to show the equilibrium quantity and equilibrium price. label it 1. show how the events in the news clip influence the market for tomatoes in january 2010 and decrease the quantity of tomatoes to​ 50,000 boxes and raise the price to​ $30 a box. draw either a new demand curve or a new supply curve and label it. draw a point to show the new equilibrium quantity and equilibrium price. label it 2

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