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2. Draw a graph showing a supply and demand curve for gas-powered SUVs. Indicate clearly the equilibrium price and quantity. Suppose that the price of

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2. Draw a graph showing a supply and demand curve for gas-powered SUVs. Indicate clearly the equilibrium price and quantity. Suppose that the price of electric SUVs has fallen. Assuming these two goods are demand-side substitutes, show the effect of a lower price of electric SUVs on your market for gas-powered SUVs, and clearly show the change in equilibrium price and quantity. Also, use a few sentences to describe the changes that take place

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