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2. (3] Draw and label a supply and demand curve on each of the four graphs below. (leraw dotted lines to identify the equilibrium price

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2. (3] Draw and label a supply and demand curve on each of the four graphs below. (leraw dotted lines to identify the equilibrium price and quantity. Label the initial equilibrium price and quantity, "Pal\" and "[131\". P P Q 0. (c) In each of the graphs above, model (draw) the following shifts and label the new equilibrium prices and quantities, \"P92\" and "052". A: Increase in Demand B: Increase in Supply C: Decrease in Demand D: Decrease in Supply

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