19. The October 28, 2021, edition of The Wall Street Journal points out that the demand for steel is expected to increase rapidly in 2022. This means we can expect the following: a. An increase in steel prices and a decrease in demand. b. An increase in the supply of steel over time and thus, lower prices and an increase in demand. c. Surpluses, higher steel prices and an increase in quantity supplied over time. d. Shortages and rising prices for steel over time - which leads to an increase in quantity supplied. e. An inefficient final market outcome due to higher prices. 20. The day after Thanksgiving there will likely be a surplus of canned cranberries all over the United States. This will occur because after the Thanksgiving , which will lead to a. The quantity of cranberries demanded will fall; lower prices. b. The supply of cranberries will rise; lower prices and more demand. C. The demand for cranberries will fall; downward pressure on prices. d. The quantity of cranberries supplied will increase; lower prices e. The demand for and supply of cranberries will decrease; lower prices