13. The graph below shows the market for pineapples.
() Microsoft Office Home x 0 Mail - info myintelligentsolution. C Get Homework Help With Chegg Question 13 - HW #4 - Market E X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASsBkEPtGyUWbauhocSciQhLh-MIDCN_8YEHypevaoMI3a8_x... L 17 # 0 (s) Paused HW #4 - Market Equilibrium & Policy Saved Help Save & Exit Submit The graph below shows the market for pineapples. 13 Market for Pineapples Price (dollars per pound) 2 points $4.00 $3.50 $3.00 Print $2.50 $2.00 References $1.50 $1.00 X $0.50 10 20 30 40 50 60 Quantity (tons) Instructions: Enter your answers as a whole number. a. What are the initial equilibrium price and quantity in the pineapple market? P= $[ per pound Q=tons of pineapples Now suppose an increase in tropical cuisine made with pineapples shifts the demand curve for pineapple as shown in the graph below. Market for Pineapples Price (dollars per pound) MC Hill Question 13 - H..html Question 13 - H....html Show all X Canceled O w 76*F Cloudy 3:25 PM Type here to search 9/19/2022X () Microsoft Office Home x |0 Mail - info myintelligentsolution. C Get Homework Help With Chegg Question 13 - HW 14 - Market E C # ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASsBkEPtGyUWbauh4ocSciQhLh-MIDCN_8YEHyp8vaoMI3a8_x... LE \\7 # 0 (s) Paused HW #4 - Market Equilibrium & Policy Saved Help Save & Exit Submit P= $[ per pound 13 Q = [ tons of pineapples Now suppose an increase in tropical cuisine made with pineapples shifts the demand curve for pineapple as shown in the graph below. 2 points Market for Pineapples Price (dollars per pound) Print $4.00 $3.50 References $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 10 20 30 40 50 60 Quantity (tons) b. Which of the following price and quantity combinations best describes the new equilibrium in the market for pineapples? O P = $2.25 per pound and Q = 22 tons O P =$2.00 per pound and Q = 20 tons O P = $2.00 per pound and Q = 22 tons O P = $2.50 per pound and Q = 25 tons Hill Question 13 - H....html Show all X Question 13 - H.html Canceled O 76*F Cloudy 3:25 PM Type here to search W 9/19/2022