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Using supply and demand diagrams, illustrate how each of the following would affect the equilibrium price...

Using supply and demand diagrams, illustrate how each of the following would affect the equilibrium price and equilibrium quantity of red wine bought and sold.

(1) An increase in the price of whisky.

(2) Wide-spread wild fires destroying many of grapevines in California.

(3) A decrease in average income levels due to recession.

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