2. The figure below shows the supply, S(q), and demand, D(q), curves for iPad Pro tablets. For each question below circle the correct answer. p (price per iPad Pro) s(q) $1800 $1500 $1200- $900 $600 $300 D(q) 0 2000 4000 6000 9 (quantity of iPad Pros) (a) (2 points) What is the equilibrium price? (A) 300 (B) 600 (C) 1400 (D) 3000 (b) (2 points) What is the equilibrium quantity? (A) 300 (B) 600 (C) 1400 (D) 3000 (c) (2 points) The Supply function, S(q), is (A) increasing and concave up. (B) increasing and concave down. (C) decreasing and concave up. (D) decreasing and concave down. (d) (2 points) The Demand function, D(q), is (A) increasing and concave up. B) increasing and concave down. C) decreasing and concave up