2. Due to U.S. tariffs on Chinese and Korean washing machines and tariffs also increasing the price of steel used to manufacture washing machines in the U.S, the price of washing machines is increased 20% in September. Given the reality of demand, washing machine sellers such as Best Buy and Amazon 20% price increase. know the quantity of washing machines sold will decrease in response to the Will the quantity of washing machines sold over the next twelve months decrease more or less than 20% why? (2 points) a