Case of fuel efficient machinery in market adjustment

If the soybean market begins in equilibrium on S₀D₀, and in that case farm machinery becomes more fuel efficient, the market changes to: (1) S0D₁. (2) S₁D₂. (3) S₁D₀. (4) S₂D₁. (5) S₀D₂.

637_soybean market in equilibrium.png

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