The graph depicts the market for gummy worms in the United States, a market in which no speculation occurs. Suppose that

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The Graph Depicts The Market For Gummy Worms In The United States A Market In Which No Speculation Occurs Suppose That 1 (100.56 KiB) Viewed 15 times

The graph depicts the market for gummy worms in the United States, a market in which no speculation occurs. Suppose that gummy worm production is interrupted due to a worldwide shortage of gelatin, a necessary ingredient for all gummy confections. Using this information, adjust the graph to show the effect of the gelatin shortage on the gummy worm market. Price demand supply Quantity How could speculation in the gummy worm market help solve this problem? Speculation could create a price floor on gummy worms. Consumers could be informed on how long it will be until the market returns to normal. O Speculators could help keep the price steady throughout this period. Speculation could create a price ceiling on gummy worms. O