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Business, 04.04.2021 23:10 heavyhearttim

Carl is an apple farmer. Assume there is price taking in the market for apples. SRS is the short-run supply curve and LRS is the long-run supply curve.
Suppose Carl creates a 100% organic apple juice drink. After initial tasting, the demand increases, to the delight of apple
farmers everywhere. Please shift the appropriate curve or curves in the graph for the apple market in both the short and
long run.

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