Answer to Question #67708 in Microeconomics for Nomkhosi

Question

using properly labelled diagrams illustrate what will happen to the equilibrium price and
quantity of muesli (ceteris paribus) in the following scenarios
1. research has shown that muesli is good for the heart.
2. the ongoing drought has affected grain(one of the ingredients for muesli) production
3 Discuss any 3 factors that can cause an increase in the demand for mue