Using supply and demand diagrams, show the effect of the following events on the market for sweatshirts.
- A hurricane in South Carolina damages the cotton crop.
- The price of leather jackets falls.
- All colleges require morning exercise in appropriate attire.
- New knitting machines are invented.
Each original post should include four diagrams with an explanation for each. Respond and engage with at least two of your classmates in your group.
For this DB, students are divided into 5 groups A, B, C, D and E as shown below. Click on the group to which you are assigned to submit your DB post. Remember to respond to at least two classmates in the group.
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