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What changes have taken place in the demand and supply of lemon market and lemonade market after lemon turned sour?
A good lemon should be juicy and not sour. After it turns sour, the quality of lemon drops, so the demand in the lemon market decreases. While lemonade and lemon are substitutes, the demand for lemons will decrease and the demand for lemonade will increase. Originally, the supply was constant, but later, due to the price transmission mechanism, the supply of lemons decreased and the supply of lemonade increased.