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14. A supply and demand puzzle The following graph shows the market for roses in 2008....

14. A supply and demand puzzle


The following graph shows the market for roses in 2008 . Between 2008 and 2009, the equilibrium price of roses remained constant, but the equilibrium quantity of roses increased. From this, you can conclude that between 2008 and 2009, the supply of roses _______ and the demand for roses _______ .


Adjust the graph to illustrate your answer by showing the positions of the supply and demand curves in 2009 .

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