Use the figure below to answer the following questions. 
Figure 3.5.2
Original equilibrium at 1.
-Refer to Figure 3.5.2,which represents the market for beans.If the price of peas,a substitute for beans rises,what is the new beans equilibrium,ceteris paribus?
Definitions:
Stare Decisis
The legal principle of determining points in litigation according to precedent or previous judicial decisions.
Common Law
A body of legal precedents derived from judicial decisions, as opposed to statutes or constitutions.
Erroneous Decisions
Mistaken or incorrect judgments made by individuals or bodies in positions of authority.
Civil Law System
A legal system originating in Europe, characterized by comprehensive statutes and codes as the primary sources of law.
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