Question
Utilizing market demand and market supply curves for spaghetti, help me illustrate the effect on equilibrium price and quantity of spaghetti for:
Increased worldwide demand for rice leads to an increase in the price of ride (which many see as an alt to spaghetti in preparing meals)
Increased worldwide demand for rice leads to an increase in the price of ride (which many see as an alt to spaghetti in preparing meals)