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120 Demar 100 80 Price (dollars per pair) 60 40 20 0 5 10 15 20 25 30 Quantity of Shoes (pairs per year) b.

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120 Demar 100 80 Price (dollars per pair) 60 40 20 0 5 10 15 20 25 30 Quantity of Shoes (pairs per year) b. How much will consumers spend on shoes at the price of (i) $120? (ii) $100? (iii) $80? (iv) $60? (v) $40? c. As the price drops from $120 to $100 a pair, demand is d. As the price drops from $80 to $60 a pair, demand is e. As the price drops from $60 to $40 a pair, demand is

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