Explain the impact of the following events on the peanut

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Explain the impact of the following events on the peanut industry (Use Supply and demand diagram in your answer):

a) The price of fertilizer used in growing peanuts rises

b) Consumers' tastes change so that they now prefer popcorn to peanuts

c) A drought reduces the productivity of land used to produce peanuts

d) Doctors find that peanuts are bad for the overall general health

Reference no: EM132364740

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