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2 0h, Shifts Assume the market for gobbers is in equilibrium with the following equations for supplyr and demand. Be sure to label which is
2 0h, Shifts Assume the market for gobbers is in equilibrium with the following equations for supplyr and demand. Be sure to label which is S and which is D. P = 15 Q P = 7 + Q In the market for gobbers, the equilibrium price 85 quantity are: P*=_, Q*=_ The following table shows some possible changes in supply and demand for this market. Fill in the second and third columns indicating if it's a supply or demand equation and whether it. went. up or down compared to the equations above. Equation S f D Increase / Decrease 3+Q 10+Q I'DQ 20Q Lobbers are a resource used to make gobhers. Recently, a new source of easilyavailable lobhers was found. Circle the row in the table above that corresponds with this shift
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