1.Suppose D₀ and S₀ are the initial demand and supply curves for tablets. P₀^* and Q₀^* are respectively the initial equilibrium price and initial equilibrium quantity in the market for tablets. Rapid economic growth over the last three years has substantially increased the disposable income of most households. Using comparative statics, analyze how the equilibrium price and equilibrium quantity in the market for tablets will change as a resultof the increase in disposable income. Be sure to illustrate your answer with graph.