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Cause of Shift for Demand – B R A N D
Cause of Shift for Supply – P R O V I D E
With graduation right around the corner many seniors are filling out graduation announcements, rushing out to buy new cotton based softer caps, gowns, and senior shirts. Recently there has been a massive heat wave that has destroyed most of the cotton crops in the greater Midwest region, the main cotton growing section of the USA. Graphically show how the market for caps and gowns would be affected given the situations and information.