Draw the demand and supply curves for the market for
organic strawberries. Suppose that organic strawberries are
substitutes for non-organic strawberries, and the price of
non-organic strawberries has decreased. At the same time, the
number of farmers growing organic strawberries has increased. On
your graph, indicate the equilibrium price and quantity in the
market for organic strawberries before and after these two changes
and summarize the results. (Note: you do not need to provide any
numbers on your graph).