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If the price of the grain with which the cattle is fed rises...how would the supple and demand graph look?

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If the price of the grain with which the cattle is fed rises...how would the supple and demand graph look?

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  1. supply will move up, so new intersection with demand will have lower Q and higher P


  2. demand would remian unchanged... supply would shift leftwards, leading to a higher price and lower quantity supplied.

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