Hormone free dairy milk has been found to be potentially more healthy. Consider the market for this product in south africa and answer the question?
explain and show graphically how this market would be affected if there is an increase in the number of dairy farmers that produce hormone free milk and at the same time south african consumers chose to be more healthy.

Question

Hormone free dairy milk has been found to be potentially more healthy. Consider the market for this product in south africa and answer the question?
explain and show graphically how this market would be affected if there is an increase in the number of dairy farmers that produce hormone free milk and at the same time south african consumers chose to be more healthy.

anonymous · Answer

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This is before the mkt changed

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This is what happens after the market changes. There will be an increase in supply and demand of hormone free dairy milk, resulting in an overall shift to the right of equilibrium quantity whilst equilibrium price remains the same. 
=D
P.s. sorry for such messy graphs - I don't have a tablet.