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Q: How would each of the following affect the market supply curve for marijuana crops in New Mexico? In each case, show your answers in graphs (4 points) and briefly explain the rationale behind each shift (4 points).
A drought throughout the year for the state.
There is an increase in the price of fertilizer.
A new and improved crop rotation technique has been discovered.
The government increased tax credits from 5% to 7% for marijuana farmers.
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