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Business, 26.06.2019 23:00 TheRealKodakBlack

In 2018 the nfl football team, the carolina panthers, have an owner accused of sexual harassment. the fans’ demand for team jerseys has dropped with the scandal this year. at about the same time the cost to manufacture the jerseys in china increased by 20%. describe what the new equilibrium price and quantity is like compared with the prior year’s panthers’ jersey market before the scandal and increased manufacturing costs? supply and demand curves have shifted to the left and the equilibrium price and quantity for panthers’ jersey market has decreased since 2017. the demand curve shifted to the right, the supply curve shifted to the left, the equilibrium price and quantity increased from 2017. supply and demand curves have shifted to the left and the equilibrium quantity has decreased from 2017 but it is impossible to determine the effect on the equilibrium price.

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